2064 West 91st Street

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2064 West 91st Street

Cleveland, OH 44102
Asking Price
$200K
Asset Type
Multifamily
Class
Class B

What's Special

2064 West 91st Street is situated in the West Boulevard neighborhood on Cleveland’s West Side. The property is positioned in a predominantly residential area characterized by a mix of historic homes and professional services. Residents have immediate access to local retail along Lorain Avenue and are less than two miles from the Edgewater Park waterfront. The location is well-served by public transportation, with multiple RTA bus lines nearby and proximity to the West 98th-Detroit rapid transit station, providing direct links to Downtown Cleveland and the wider metropolitan area. This multifamily asset is suited for workforce housing or long-term rental investment. The location appeals to a tenant profile comprised of middle-income professionals and local service workers seeking proximity to major employment hubs like the Cleveland Clinic and University Circle. Given the neighborhood's density and steady demand for rental units, the property is positioned for consistent occupancy. The building’s configuration supports a variety of layouts, making it adaptable for traditional long-term leasing or specialized housing programs common to the Cuyahoga County market.

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NOI
$80,000
Cap Rate
40.02%
DSCR
6.74
Strong
Cash-on-Cash
113.61%
Monthly Payment
$988.996
Annual Cash Flow
$68,132.046

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