9,326 Sqft Lot
9,326 Sqft Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Brooklyn
MLS Listing ID 5243975
HOA Y/N No
Year Built 1963
Annual Tax Amount $12,577
Tax Year 2025
Lot Size 9,326 Sqft
Acres 0.2141
Property Sub-Type Apartment
Property Description
The property offers an attractive combination of stability and future upside. Existing newer leases demonstrate higher achievable rents within the building, creating an opportunity for continued rent growth as below-market leases naturally renew. Tenants are responsible for separately metered electricity, while the owner currently pays gas, water and sewer.
Denison Manor has also benefited from continued building maintenance. A professional commercial boiler preventative-maintenance inspection was completed in August 2026, with the contractor reporting the burners, visible heat exchanger, flue venting, and supply/return piping in good condition.
Offered at $750,000, Denison Manor presents an opportunity for investors seeking a stabilized Cleveland multifamily asset with current cash flow, long-term tenants, 100% occupancy, and identifiable rent-growth potential.
Location
State OH
County Cuyahoga
Interior
Heating Hot Water, Steam
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Parking Lot
Water Access Desc Public
Roof Type Rolled/Hot Mop
Present Use Multi-Family
Total Parking Spaces 12
Building
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 014-01-011
Acceptable Financing Cash, Contract, 1031 Exchange
Listing Terms Cash, Contract, 1031 Exchange
Special Listing Condition Standard
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