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3634 Bosworth Rd 10 Unit Apartment Building $650,000 ($65,000/Unit) 12.20% Cap Rate Cleveland, OH 44111
Executive Summary
10-Unit Apartment Building in Highly Desirable West Blvd Neighborhood! Building consists of (4) 1 Bed / 1 Bath Units and(6) Efficiency Units. Majority of Units Fully Updated! Interior Repainted, New Lighting Throughout Common Areas! Tenant Paid Electric Baseboard Heating! Coin-Operated Laundry! Great Opportunity to Purchase a Cash-Flowing Apartment Building on Clevelands Westside!
Property Facts
| Price | $650,000 | Building Class | C |
| Price Per Unit | $65,000 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 6,505 SF |
| Cap Rate | 12.20% | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 0.92/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | 2F | ||
| Price | $650,000 |
| Price Per Unit | $65,000 |
| Sale Type | Investment |
| Cap Rate | 12.20% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 6,505 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | 2F |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 6 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 019-03-007 | Improvements Assessment | $135,485 |
| Land Assessment | $11,585 | Total Assessment | $147,070 |
Property Taxes
Parcel Number
019-03-007
Land Assessment
$11,585
Improvements Assessment
$135,485
Total Assessment
$147,070
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3634 Bosworth Rd
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