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2744 Mayfield Road, Cleveland Heights, OH 44106

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Listing Type
Commercial/Industrial
Listing Status
Active
23
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$599,000

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Home Details for 2744 Mayfield Road
Price
$599,000
Type
Commercial/Industrial
Year Build
1924
Lot Size
0.1607
County
Cuyahoga
Tax
$29,450
MLS®️ Listing#
5099218
On exitrealty.com
307 days
Property Description
Court ordered sale. 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.
Property Features
Listing Courtesy: VSD Realty, LLC. - 216-406-1772, victor@vsdrealty.com
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-24 16:46:07
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6370 Mount Pleasant St. NW, North Canton, OH 44720
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$599,000

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EXIT REALTY GPS
6370 Mount Pleasant St. NW, North Canton, OH 44720
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