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Property Summary Report 2025-07-03 - 2094 W 34th Place, Cleveland, OH 44113.docx

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Description

Property Summary Report - 2094 W 34th Place, Cleveland Current Status Overview The property is currently vacant and facing significant infrastructure challenges, primarily related to water access. The main water line is broken under adjacent parcels, requiring an estimated $14,000 repair for a new lateral water meter installation. The property has recently undergone several major governance changes, with the most recent votes (June 17, 2025) approving: A $25,000 capital call via EARLDAO Change i

Extracted Content

Property Summary Report - 2094 W 34th Place, Cleveland Current Status Overview The property is currently vacant and facing significant infrastructure challenges, primarily related to water access. The main water line is broken under adjacent parcels, requiring an estimated $14,000 repair for a new lateral water meter installation. The property has recently undergone several major governance changes, with the most recent votes (June 17, 2025) approving: A $25,000 capital call via EARLDAO Change in property management to ECO Systems with Hemlane as Sub-PM Rejection of conversion to Mid-Term Rental (MTR) model The property has multiple financial obligations, including: Aligned unpaid bills: $2,381.48 2024 Property taxes (overdue): $2,223.24 Lateral water meter installation (est.): $14,000 DAO operating reserve deficit: $53.84 Balance due to Yhome (pending legal): $7,617.80 Occupancy Timeline 2/1/25 - 7/31/25: Leased at $1,295/ mo (tenant abandoned due to water issues) 11/21/24 - 10/31/25: Leased at $1,495/ mo (tenant abandoned after 2 months due to driveway issues) Prior to 11/21/24: Vacant during management transition Through 11/30/23: Previous tenant at $1,700/ mo (moved for busines