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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1924
Sq.Footage
N/A
Court ordered sale. Attention Investors! Prime location & opportunity to renovate this incredible building. Conveniently located on public transportation, near Little Italy, CWRU, main campus of CC & UH and minutes to University Circle. In addition, it's close to some of the best restaurants in town. There are 10 - 2 BR units, 1 - 1 BR unit and 1 efficiency. Owner pays sewer, water & gas. Everything is set up for the new buyer to put in individual gas meters. Buyer to assume the POS which is approx. $250k. Much of the work has been completed. The City of Cleve. Hts will work with the buyer in establishing a much lower POS, approx. $10k, when they see the buyer's proposal for renovations - scope of work. All tenants are month to month with no leases. Units are under rented for the area. The gas company did a new line from the street to the building several years ago. This is a great opportunity for cash buyers or those with a rehab loan. Proof of funds or preapproval letter before showing will be approved. Need a minimum of 24 - 48 hours' notice to show. NO Wholesalers or assignment deals.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
NO
-
Cooling YN
NO
-
Cooling
None
-
Heating YN
YES
-
Heating
Hot Water, Steam
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Site, Off Street, Parking Lot
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1607
-
Property Type
Commercial Sale
-
Property Sub Type
Apartment
Price
-
Sales Price
$569,000
-
Tax Amount
$29,450
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cleveland Hts-Univer - 1810
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cuyahoga
Elementary School
Cleveland Hts-Univer - 1810
Middle School
High School
Listing Courtesy of Jennifer R Woomer , VSD Realty, LLC.
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AGENT
Gregory Sharier
Call Gregory today to schedule a private showing.
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