MLS#5179662
STATUSContingent
PROPERTY TYPECommercial - Business
SUBDIVISIONEuchts
SCHOOLCleveland Hts-Univer - 1810
Property Description
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.
Property Features
Property Type: Commercial - Business
Cooling: None
Heating: Hot Water, Steam
Lot Size: 0.16 Acres
Stories: 3.0
Taxes: $29,450 / year
Year Built: 1924
Feature Descriptions
Days on Site: 89
Parcel#: 685-10-005
Parking: On Site, Off Street, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Cleveland Hts-Univer - 1810
Listed By / Shown By
Listed By
Agency Name: VSD Realty, LLC.
Agency Contact: 216-406-1772, victor@vsdrealty.com
Shown By
Agency Title: Sulek & Experts Real Estate
Agency Phone: (740)699-0909
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The photos may be altered, edited, enhanced or virtually staged.
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2744 Mayfield Road | MLS# 5179662
This commercial property located at 2744 Mayfield Road, Cleveland Heights, OH 44106 is currently listed for sale with an asking price of $569,000. Mayfield Road is located within the Cleveland Hts-Univer - 1810 school district. Search Cleveland Heights real estate on www.sulekandexperts.com today.