23
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$650,000
Est. payment /mo
7,000 Sqft Lot
Active
2744 Mayfield RD Cleveland Heights, OH 44106
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UPDATED:
02/09/2025 04:45 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Euchts
MLS Listing ID 5099218
HOA Y/N No
Year Built 1924
Annual Tax Amount $29,450
Tax Year 2024
Lot Size 7,000 Sqft
Acres 0.1607
Property Sub-Type Apartment
Property Description
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 owner needs to schedule a reinspection to get the POS escrow hold amount reduced.
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.
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 owner needs to schedule a reinspection to get the POS escrow hold amount reduced.
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.
Location
State OH
County Cuyahoga
Interior
Heating Hot Water, Steam
Cooling None
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, On Street
Water Access Desc Public
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Cleveland Hts-Univer - 1810
Others
Tax ID 685-10-005
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by Jennifer R Woomer • VSD Realty, LLC. • 216-406-1772 victor@vsdrealty.com