
Description
Prime Tremont full rehab opportunity! Amazing location near all of the nightlife that Cleveland has to offer. Large scale developments surround this property. Property is zoned 4-6 units. Currently configured as a 4 suiter. Large walk up attic can be converted into 5th unit. Also possibility for 6th basement unit. Listed square footage esxludes walk up attic. Upper units have downtown skyline views. Enormopus potential to complete a large scale luxury rehab with the existing structure or possibly build six condominiums. Yard and driveway are accessible through rear alley. Potential 15 year tax abatement on rehab. Property is in poor condition and currently condemned by the City of Cleveland. All necessary permits will required as part of construction. Great BRRRR or development opportunity. Professional property management available.
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8BEDS
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0.11ACRES
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4BATHS
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01/2 BATHS
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3,256SQFT
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$61$/SQFT
Listing information © 2022 YES-MLS.
Description
Prime Tremont full rehab opportunity! Amazing location near all of the nightlife that Cleveland has to offer. Large scale developments surround this property. Property is zoned 4-6 units. Currently configured as a 4 suiter. Large walk up attic can be converted into 5th unit. Also possibility for 6th basement unit. Listed square footage esxludes walk up attic. Upper units have downtown skyline views. Enormopus potential to complete a large scale luxury rehab with the existing structure or possibly build six condominiums. Yard and driveway are accessible through rear alley. Potential 15 year tax abatement on rehab. Property is in poor condition and currently condemned by the City of Cleveland. All necessary permits will required as part of construction. Great BRRRR or development opportunity. Professional property management available.
