OH > Cleveland
Cleveland, OH 44102,8707 Detroit AVE
$945,000
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0.74 Acres Lot
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8707 Detroit AVE Cleveland, OH 44102

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Emily Shortall

Emily Shortall

+1(740) 994-5131

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5125648

Construction Status Fixer

HOA Y/N No

Year Built 1910

Annual Tax Amount $13,360

Tax Year 2024

Lot Size 0.738 Acres

Acres 0.738

Property Sub-Type Apartment

Property Description

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.

Location

State OH

County Cuyahoga

Rooms

Basement Full

Interior

Heating Forced Air, Gas

Cooling None

Fireplace No

Exterior

Parking Features Assigned, Parking Lot

Water Access Desc Public

Roof Type Membrane

Present Use Multi-Family

Total Parking Spaces 30

Building

Sewer Public Sewer

Water Public

Construction Status Fixer

Schools

School District Cleveland Municipal - 1809

Others

Tax ID 001-31-067

Acceptable Financing Assumable, Cash, 1031 Exchange, Lease Option, Lease Purchase, Owner Will Carry, Owner May Carry, Private Financing Available

Listing Terms Assumable, Cash, 1031 Exchange, Lease Option, Lease Purchase, Owner Will Carry, Owner May Carry, Private Financing Available

Listed by Daniel A Perelman • Platinum Real Estate • dandantherealestateman@gmail.com 216-780-0413

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agent

Emily Shortall

License ID: 2015000549,WV0029886

+1(740) 994-5131

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