West Park (Cleveland, Ohio, US - 44102) Built

$330,000

Well Maintained Buildiing

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FDBerry & Associates

FD Berry & Associates (216)295-8290 (Office) 216-295-8297 (Fax) Request More Info

Cleveland, Ohio 44102
Type: Multifamily
Style: 2 Story
Size: 4,527 sq. ft.
Development Level: Built
Suite: Yes
Year Built: 1900
Taxes: $4,104.00 (2021)
MLS #: 4383434

Description

Well maintained and with a lot of updates, this six-unit apartment currently has all MTM tenants with below market rents. Updates include new windows and inside and outside doors (except two small windows already purchased), newer roof (5 years old) and gutters, two newer (4 years old) hot water tanks with a spare on hand, and more. This is a super value-add opportunity to upgrade the suites and turn the units over at higher rents. Great location just north of Detroit on W. 116th, with easy access to downtown and also points west. 6 Units, 2- 2bedroom, 2 - 1 Bedroom, 2 - Efficiency

Attachments

View Listing Brochure

Brokered and Advertised by : Russell Real Estate Services

Population

Total population	44,320
Male population	21,856
Female population	22,464
Median age	33.80
Median age (male)	32.90
Median age (female)	34.90

Marital status (Number of people who have the following marital status)

Never married	18,433
Married	10,673
Separated	1,191
Widowed	1,814
Divorced	4,841

Population by age

Under 15	8,559
Age 15 to 24	5,871
Ages 25 to 44	14,324
Ages 45 to 64	10,543
Age 65 and over	5,023

Population mobility

Live in the same house as 1 year ago	33,662
Moved from abroad	645
Moved from a different state	598
Moved from the same county	7,646
Moved from the same state	1,110

Population by poverty level

Above poverty level	28,741
Below poverty level (daily income under $1.90/day)	14,476

Employment

White collar	14,528
Blue collar	4,846

Class of worker

Self employed	1,342
Private company	13,455
Not for profit company	2,268
Government workers	2,309

Households

Total households	20,377
Family households	9,376
Non-family households	11,001
Households with children	5,611
Households without children	14,766
Average people per household	2.13

Education (Number of people who have achieved the following levels of education)

No high school	2,478
Some high school	15,730
Some college	7,859
Associate degree	1,939
Bachelors degree	4,405
Graduate degree	2,486

Income/Financial

Average household income	$52,846
Median household income	$32,289
Median income under 25	$25,629
Median income 25-44	$39,136
Median income 45-64	$30,227
Median income over 65	$29,276

Housing occupancy

Housing units	23,719
Occupied housing units	20,377
Owner occupied units	6,774
Renter occupied units	13,603
Median housing costs per month	$739
Median gross rent per month	$744

Housing by year built

Year built median	0
Built before 1939	15,328
Built between 1940 and 1949	1,712
Built between 1950 and 1959	1,665
Built between 1960 and 1969	2,001
Built between 1970 and 1979	1,010
Built between 1980 and 1989	447
Built between 1990 and 1999	510
Built between 2000 and 2009	523
Built after 2010	523

Housing mortgage situation

Houses with mortgage	3,723
Houses without mortgage	3,051
Median value with mortgage	$99,600
Median value without mortgage	$66,600

Demographic data shown in this section was gathered from the 2020 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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Information is deemed to be correct but not guaranteed.