This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
371 E 152nd St
Cleveland, OH 44110
East Lakeshore Apartments · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 6,908 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1910 |
| Zoning | MF-2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,908 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1910 |
| Zoning | MF-2 |
About 371 E 152ND ST , CLEVELAND, OH 44110
currently 4 of 8 units are occupied with very long terms tenant 5yrs+, Vacant units can be rented to subsidy based (Section 8 Voucher) tenants that provide “guaranteed” rent payments provided by Federal and State Funding for assistance to low income individuals. Income (numbers are based on an annual basis and at 100% occupancy 2(2 beds) = $600 each unit = $1,200 6(1 bed) = $475 each unit = $2,850 Gross Rents $48,600 Expenses $4,192 Taxes $1,900 Insurance $2,916 Maintenance (6%) $3,402 Vacancy (7%) $3,888 Management @ 8% $4,000 Water $1200 Trash, Snow, Lawn Net Income $30,990
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 500 - 650 |
| 2+1 | 2 | - | 900 |
Property Taxes
| Parcel Number | 112-17-001 | Improvements Assessment | $78,120 |
| Land Assessment | $5,880 | Total Assessment | $84,000 |
Property Taxes
