Fully renovated 6 unit retail/apt in the middle of area of revitalization! Income producing w/2 retail units; 2 each 2/1's; and 2 each 1/1's. There is also a detached 2 car garage space that is leased. Fully occupied building! All units completely renovated! (see itemized list in supplements). Extensive roof repairs on building, w/ new roof on garage. New interior and exterior doors installed (over 46 of them!!!) throughout building. Shared laundry space with keypad entry in basement for use by all tenants. Vinyl windows throughout building (installed by previous owner)! Up and coming area - dozens of new homes are being built in this neighborhood and many more are being fully renovated and are selling in the high $200’s. A multi million renovation of the Cleveland Public Library is in progress (just a 3 minute walk) and the library is scheduled to open this spring. A new family healthcare center is about to open just over the bridge at I-90, a 10 minute walk. The Community Development Corporation that used to serve this neighborhood was called Cudell Improvement, Inc. Last year, Cudell Improvement joined with Detroit Shoreway CDC to form Northwest Neighborhoods CDC. This neighborhood is included on the same service map as Battery Park, Edgewater and Gordon Square. This building is in the path of progress!!! Development and revitalization encroaching from all directions! Total income for property is approx. 5K with separate meters - tenants pay gas, electric.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Laronge Wagner Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Placester, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Updated: 5th June, 2023 10:22 PM (UTC)
Listing Office: Keller Williams Elevate