$180,000
$199,900
10.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,256 SqFt
SOLD DATE : 03/28/2023
Key Details
Sold Price $180,000
Property Type Single Family Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,256 sqft
Price per Sqft $55
Subdivision Alfred Kelloggs
MLS Listing ID 4423634
Sold Date 03/28/23
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,256
Total Fin. Sqft 3256
Year Built 1890
Annual Tax Amount $1,372
Lot Size 5,000 Sqft
Acres 0.1148
Property Description
Tremont rehab opportunity in the heart of new development. Amazing location near all of the nightlife that Cleveland has to offer. Large scale developments all around this property. Property is zoned 4-6 units. Currently configured as a four suiter. Large walk up attic can possibly be converted into 5th unit. May also be a possibility for 6th unit in the basement. Listed square footage excludes the large walk up third floor. Upper units have downtown skyline views. Enormous potential to complete a large scale luxury rehab with the existing structure or possibly build six condominiums. Yard and driveway are accessible through a rear alley. Potential to get a 15 year tax abatement on the value of the rehab. Property is in poor condition and currently condemned by the City of Cleveland. All necessary permits will be required as part of the construction. Brand new roof in 2022 including extensive wood replacement. Great development opportunity.
Location
State OH
County Cuyahoga
Direction East
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry None
Exterior
Garage Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Parking Type Unpaved
Garage false
Building
Faces East
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 004-05-012
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Alexander Vinokur • Realty Now, Inc.
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