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Property Description

Prime Turnkey Investment on West 100th Street! This newly renovated 21-unit property offers an excellent opportunity for investors looking to maximize returns with minimal management. With a unit breakdown of 4 studios, 3 storefronts, 8 two-bedrooms, and 6 one-bedrooms, this property is projected to generate nearly $240,000 in annual income. Every unit has been upgraded to high standards with brand-new electrical, plumbing, roofing, windows, and finishes, including LVP flooring, tiled showers, and modern lighting. High-efficiency electric heating systems have been installed in each unit, with tenants responsible for utilities, significantly lowering operating expenses to an estimated 40%. Currently fully vacant, leasing is underway to establish cash flow prior to sale, offering buyers a seamless transition. West blvd neighborhood offers a unique blend of city convenience and neighborhood charm, Just minutes from key Cleveland employers, transit hubs, shopping, and popular dining spots its ideal for tenants looking to enjoy the areas amenities and short commutes. Convenient closing options available contingent on completion of work by January 2025. Don’t miss this opportunity for a high-quality, passive investment in a desirable Cleveland area. Contact us today!

Features
: Hot Water, Steam
: No
: On Street, On Street, On Street
: Flat, Composition
: Public Sewer
Address Map
OH
Cuyahoga
Cleveland
44111
100th
3206
Street
W82° 14' 47.3''
N41° 27' 58.5''
On the corner of W 100 and Dennison
W
Property Details
Keller Williams Citywide
Gregory Erlanger
Partially Finished,sump Pump
15,228 Sqft
2004000516
2847
017-09-006
Click here
: Public
2023
13/11/2024 20:54:30
No
No
No
No
21

3206 W 100th Street, Cleveland, Ohio 44111

Commercial Sale For Sale

0.25 Acre
$1,950,000
Listing ID #5084320
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Listing Type : For Sale
Listing ID : 5084320
Price : $1,950,000
Year Built : 1918
Lot Area : 0.25 Acre
Status : Active
Current Use : Residential,see Remarks
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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