Renovation Opportunity: Corner House in Cleveland's Desirable Detroit Shoreway "EcoVillage" - $225,000 "As Is"
This corner house, situated next to a cemetery on a quiet, 80% owner-occupied street (W 61st) in Cleveland's vibrant Detroit Shoreway "EcoVillage," offers an exceptional renovation opportunity with strong investment potential.
Property Features:
* Recent Major Upgrades: Enjoy peace of mind with a brand new roof (late Fall 2024) and new central air (Fall 2024) already installed.
* Renovation Ready: The interior has been fully gutted, providing a blank canvas for its transformation into a spacious 4-bedroom, 3.5-bathroom home.
* Ample Vertical Space: Benefit from impressive 8.5-foot ceilings in both the attic and basement, allowing for diverse layout possibilities and comfortable finished living areas.
* Substantial Garage: A 2.5-car detached garage, constructed of durable block and stone, offers secure parking and significant storage.
Exceptional Neighborhood & Location Highlights:
* Detroit Shoreway - Cleveland's Premier Neighborhood: Widely regarded as one of Cleveland's best, the Detroit Shoreway offers a thriving, vibrant, and diverse community with a dense suburban feel. It's known for its walkability, rich cultural scene, and strong sense of community.
* EcoVillage Living: Be part of the Cleveland EcoVillage, a community focused on sustainability, green spaces, and community engagement.
* Unbeatable Walkability:
* Rapid Station: A very short walk to the RTA Rapid station at the top of the street provides easy access to downtown Cleveland and beyond, making commuting a breeze.
* Edgewater Beach: Enjoy the natural beauty of Lake Erie with a short stroll to Edgewater Beach.
* Michael J. Zone Recreation Center: The Michael J. Zone Recreation Center is within easy walking distance, offering recreational amenities and activities.
* Access to Quality Education: Several new and established schools are within walking or short distances, including Waverly Elementary, Joseph M. Gallagher School, Max S. Hayes High School (a vocational school), and Garrett Morgan School of Leadership & Innovation, providing diverse educational options.
* Thriving Arts & Entertainment Scene: The property is ideally located to enjoy all the attractions on Detroit Avenue, including:
* Movie theaters
* Near West Theatre
* Cleveland Public Theatre
* A variety of shops and coffee shops, adding to the neighborhood's energetic and convenient lifestyle.
Investment Outlook:
This property boasts full potential for high-end rental income or a top-dollar sale in the near future, driven by its desirable location, planned spacious layout, and recent essential upgrades. The seller is firm on the "as is" price of $225,000, viewing it as a foundation for future appreciation.
For pictures or to schedule a walk-through, please contact the seller.
What the owner loves about this home
Exceptional Renovation Opportunity: Detroit Shoreway EcoVillage
Situated on a quiet, 80% owner-occupied corner lot on W 61st St, this property offers a premier investment opportunity in Cleveland’s most vibrant neighborhood. Perfectly positioned next to a serene cemetery and the RTA Rapid station, this home combines "blank canvas" potential with high-end infrastructure.Property Highlights Recent Major Upgrades: Peace of mind is built-in with a brand-new roof and new central air (both installed late Fall 2024).Renovation Ready: The interior is fully gutted and primed for transformation into a spacious 4-bedroom, 3.5-bathroom residence.
Vertical Potential: Rare 8.5-foot ceilings in both the attic and basement allow for expansive finished living areas and a potential luxury master suite.Substantial Garage: A detached 2.5-car garage built of durable block and stone provides secure parking and significant storage.The Neighborhood: Detroit Shoreway & EcoVillageExperience the best of Cleveland living in a community focused on sustainability and connectivity.
Unbeatable Walkability: Steps from the RTA Rapid station for a seamless downtown commute and a short stroll to the iconic Edgewater Beach.Local Amenities: Minutes from the Michael J. Zone Recreation Center and the Gordon Square Arts District, featuring the Cleveland Public Theatre, Near West Theatre, and trendy coffee shops.Proximity to Education: Near several premier institutions, including Waverly Elementary, Max S. Hayes Vocational, and Garrett Morgan School of Leadership.Investment Outlook
With the "heavy lifting" of the roof and HVAC already completed, this property is poised for a high-end rental or a top-market resale.Price: $233,900(Firm, "As-Is")
For photos or to schedule a walkthrough, please contact the seller
86 days
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517
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24
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Listed by:
Property Owner(216) 387-8787
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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