Listing Courtesy of: Info@EZSalesTeam.com 216-916-7778 - Gregory Erlanger - Keller Williams Citywide 440-892-2211
$1,950,000 affordable loan icon Calculate Payment

3206 W 100th Street Cleveland, OH 44111

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Apartment Residence
Beds
Baths
15,228 Sq. Ft.
0.25 Acre Lot

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Last updated on 12/4/2024 1:08 PM
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! Continue reading
MLS#
5084320
Property Type
Apartment
Year Built
1918
Square Feet
15,228 sq. ft
Lot Size
0.25

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Listing Courtesy of: Info@EZSalesTeam.com 216-916-7778 - Gregory Erlanger - Keller Williams Citywide 440-892-2211
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


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This content last refreshed on 12/4/2024 1:08 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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