2744 Mayfield Road

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.