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 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 lower POS when they see the buyer’s proposal for renovations – scope of work.
9 out of the 12 of the units are leased. All month to month with no leases. Units are under rented for the area.
The owner did new sewer & gas lines from the street to the building.
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 24 hours’ notice to show.