8707 Detroit Avenue, Cleveland, OH 44102

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.

Listing Status:

Active

Listing Office:

Platinum Real Estate : 888-974-7253

Listing Agent:

Daniel A Perelman : 216-780-0413

MLS ID:

5125648

Interior

• Basement: Full
• A/C: None
• Heating: Forced AirGas

Exterior

• Parking: AssignedParking LotParking spaces: 30

Construction

• Roofing: Membrane

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Municipal - 1809
• County: Cuyahoga

Lot

• Zoning: 001-31-067
• Current Use: Multi-Family

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Daniel A Perelman, Platinum Real Estate