DESCRIPTION-FULL-2026-04-12 - 614 E 97th St, Cleveland, Ohio 44108.md

Property originally listed for sale on the marketplace by *Great Lakes Homebuyers LLC*.

[Click here](https://learn.lofty.ai/en/articles/6145558-how-the-lofty-marketplace-works) to learn more about how third parties list their properties on the Lofty Marketplace.

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Owners voted to list the property for sale. View the "Property Updates" section below for more details.

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2-Unit property (Duplex) located in Cleveland, Ohio.

## Details
- Renovated in 2019
    - New roof
    - New siding
    - New water heater 
    - New furnace
    - New floors
    - Fresh paint

## Property Management and Insurance
- Managed by ECO Systems LLC
- [Insurance Policy](https://www.dropbox.com/s/udgu5o4vny5m4vo/Insurance%20Policy%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0) from Shelter Mutual Insurance Company

## Occupancy Status
- **Lower unit:**
    - 1 year lease (03/07/2025 - 03/06/2026)
    - $725/month
    - $725 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/2r6rtnikz0frnm2hj1idh/Lease-Unit-2-03-07-2025-03-06-2026-614-E-97th-St-Cleveland-OH-44108_Redacted.pdf?rlkey=br827c1xd1t7zya4vbabqvg7s&st=amg33v5k&dl=0)
- **Upper unit:**
    - 1 year lease (01/25/2025 - 01/24/2026)
    - $745/mo
    - $745 Security Deposit
    - [Lease Agreement](https://www.dropbox.com/scl/fi/cxprmuqzml4po9d1csw9m/Lease-Unit-2-01-25-2025-01-24-2026-614-E-97th-St-Cleveland-OH-44108_Redacted.pdf?rlkey=m4qqpkrnj9084sbvuyeltf217&dl=0)

## Location Data
- 1/5 Neighborhood Rating on Roofstock
- "C-" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/44108/)

## Due Diligence Documents
- [HouseCanary Property Valuation Report](https://www.dropbox.com/scl/fi/a3nhnzjkzp62wokmrzcuk/Property-Valuation-Reports-May-2024-614-E-97th-St-Cleveland-OH-44108.pdf?rlkey=ykxrk9cwj4ct2m3yzkbvkbrru&st=undjnc55&dl=0) (HouseCanary valuations are less accurate for 2+ Unit properties, like this property)
- [Inspection Report](https://www.dropbox.com/s/k5tpwvvsyrir1sk/Inspection%20Report%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [Inspection Report Repairs](https://www.dropbox.com/s/syjc4gi1246nxk7/Inspection%20Report%20Repairs%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [Renovations and Updates](https://www.dropbox.com/s/jwr56hzlmedylhk/Renovations%20%26%20Updates%20%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [Purchase Agreement](https://www.dropbox.com/s/qu2bedexkz8jkhi/Purchase%20Agreement%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [Operating Agreement](https://www.dropbox.com/scl/fi/lde2d3l6efi4q35ubxduu/DAO-Operating-Agreement-614-E-97th-St-Cleveland-OH-44108.pdf?rlkey=dwizsxxegk716rpirvvwl3975&dl=0)
- [Closing Statement](https://www.dropbox.com/s/0ka7fdyyoslekxn/Closing%20Statement%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [Property Deed](https://www.dropbox.com/s/qu2bedexkz8jkhi/Purchase%20Agreement%20-%20Lofty%20Holding%20614%20E%2097th%20Street%20LLC.pdf?dl=0)
- [View All Documents](https://www.dropbox.com/sh/xeuwxxt9lgwbr25/AADASqcuzxt761J08wyms_tda?dl=0)
- [View All Updates](https://www.loftyassist.com/properties/01G1PPHDKBCB17CVJ4NBC9R5Y1)
- [View Latest Photos](https://photos.app.goo.gl/3CF7HMUwSo13UiYo9)