562 E 140th St | Cleveland, OH 44110
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562 E 140th St
Cleveland, OH 44110
Othello Apartments · Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 5,780 SF building with 6 units
- Zoned LR for multifamily/mid-rise development
- 67% occupancy, with potential for increased rental income
- Built in 1920, renovated in 2024
- Prime location in Cleveland area
- Updated and modernized interiors
PROPERTY FACTS
| No. Units | 4 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 5,780 SF |
| Property Subtype | Apartment | Average Occupancy | 90% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1920/2024 |
| Zoning | LR | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,780 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2024 |
| Zoning | LR |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 112-01-140 | Improvements Assessment | $47,110 |
| Land Assessment | $2,100 | Total Assessment | $49,210 |
PROPERTY TAXES
Parcel Number
112-01-140
Land Assessment
$2,100
Improvements Assessment
$47,110
Total Assessment
$49,210
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