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1970 E 71st St
Cleveland, OH 44103
Midtown Royal Building · Multifamily Property For Sale
·
9 Units
Property Facts
| No. Units | 9 | Building Size | 12,000 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.27 AC | ||
| Zoning | MMUD-1 | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 12,000 SF |
| Average Occupancy | 0% |
| No. Stories | 4 |
| Year Built | 1940 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | MMUD-1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Crown Molding
- Granite Countertops
- Stainless Steel Appliances
- Dining Room
- Double Pane Windows
Site Amenities
- Fenced Lot
About 1970 E 71ST ST , CLEVELAND, OH 44103
Great Lakes Realty Inc., dba GLR Realty Advisors is pleased to present this 9 Unit property located in the Hough / Cleveland Clinic area of Cleveland, Ohio, located just off Chester Ave. The Property is a five story midrise building: all brick, and built in circa 1940. It consists one, one bed, one bath unit, and 8 very large three bedroom units. The property is in distressed condition and was taken back Deed in Lieu of Foreclosure. It has one tenant who is currently being evicted. The property also has 14 surface parking spaces. Most units are missing A/C units as well as kitchen appliances and all are in various states of repair or rehab.. It is ideal for a total rehab and immediate rental rate increase!
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 700 |
| 3+1 | 8 | - | 1,300 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $163,940 | |
| Land Assessment | $21,700 | Total Assessment | $185,640 |
Property Taxes
Parcel Numbers
Land Assessment
$21,700
Improvements Assessment
$163,940
Total Assessment
$185,640
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