Amazing opportunity to acquire 15 townhomes in a great neighborhood. All units have their own private basement, LR, Dr, and kitchen on the first floor and 3 bedrooms and bathroom up. All separate utilities including separate water and sewer. Each unit has its own separate parcel # Creating great opportunities to fix and flip each and resell, or keep and have great cash flow. Some work is started but will need full rehab. One unit is fire-damaged and may not be salvageable. Newer roof on the whole property, except for the fire-damaged unit. Also comes with the 16th parcel of a completely redone parking lot, with plenty of spaces. Possible owner financing with down payment, and POF to handle the rehab. City says they are willing to give tax abatement for the right developer.
Pending
Price cut: $50K (6/3)
$895,000
8707 Detroit Ave, Cleveland, OH 44102
12beds
27,585sqft
Est.:
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$32/sqft
$-- HOA
What's special
Completely redone parking lotPrivate basementNewer roof
- 79 days
- on Zillow |
- 1,416 |
- 55 |
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