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8707 Detroit Avenue, Cleveland, OH 44102

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For Sale

$945,000

3 beds1 baths27,585 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $34.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5125651

Courtesy Of Platinum Real Estate Professionals, LLC

(440) 415-3017

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.74 Acres
  • Roof Type
    Membrane
  • View Type
    City

Home seller CENTURY 21 HomeStar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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