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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.

Features
: Gas, Forced Air
: No
: Assigned, Parking Lot, Parking Lot, Parking Lot
Address Map
OH
Cuyahoga
Cleveland
Detroit
8707
Avenue
44102
W82° 15' 19.7''
N41° 28' 45.3''
Property Details
Active
Platinum Real Estate
Daniel A Perelman
18,540 Sqft
2005000117
9086
001-31-067
: Membrane
: Public Sewer
: Public
$13,360
27/05/2025 02:32:31
No
No
No
No
15

8707 Detroit Avenue, Cleveland, Ohio

Commercial Sale For Sale

0.74 Sqft
$895,000
Listing ID #5125648
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Listing Type : For Sale
Listing ID : 5125648
Price : $895,000
Year Built : 1910
Lot Area : 0.74 Sqft
Current Use : Multi-family
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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