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Property profile & analytics

958 70th St Cleveland, OH 44103-1702

  • Residential income homes
  • 2,816 SF
  • 0.14 lot acres
OFF-MARKET
Last Sale
Aug 19, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US66-1773664
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Residential income homes

Property Details for 958 70th St

Year built
1900
Construction
WOOD
Lot size
0.14 lot acres
Property size
2,816 SF
Zone code
SI
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
105-14-051
APU
10514051

Description

This exceptional multifamily investment opportunity in Cleveland, Ohio, presents a portfolio-building chance. Located at 958 E 70th St, this property comprises four buildings situated on a 0.14-acre lot in Cuyahoga County (zip code 44103). The property includes twelve rental units, distributed across two four-plexes and two duplexes, offering a total of 4,832 square feet. One four-plex features four two-bedroom, one-bathroom units, while the second four-plex contains four one-bedroom, one-bathroom units. The two duplexes each offer two two-bedroom, one-bathroom units. This property requires a full rehabilitation, presenting a significant value-add opportunity for the savvy investor. Its central location offers easy access to downtown Cleveland, major highways, lakefront parks, shopping, dining, and public transportation. The asking price for this 12-unit apartment building is $59,900. This is a rare chance to acquire a substantial multifamily property in a desirable location with considerable upside potential. The property is being sold as a package deal.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Cleveland
County
Cuyahoga
State
Ohio
Longitude
-81.6409
Latitude
41.5282
CBSA code
17460
CBSA name
CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$524
$6,130
$7,000
$13,130
-
$17,500
$20,000
$37,500
More about this property
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