3206 W 100th Street Cleveland, OH $ 1,950,000
3206 W 100th Street
$ 1,950,000
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3206 W 100th Street

Cleveland, OH, 44111
$ 1,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 11,679

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Commercial Property for sale in Cleveland, OH

for $1,950,000. This building was built in 1918 on a lot size of 0.248.

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!

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 20,972

Style

Lot Size

0.248

Year Built

1918

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5084320

Features
General
Sewer PublicSewer
Heating HotWater Steam
Cooling None
Possession DeliveryOfDeed
Roof Composition Flat
Year Built 1918
Township Cleveland
Property Subtype Apartment
Tax Year 2023
Current Use Residential SeeRemarks
Business Type ProfessionalService
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions On the corner of W 100 and Dennison
City Cleveland
Senior Community Y/N N
High School District Cleveland Municipal - 1809
NumberOfUnitsTotal 21
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 20972.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=aqMxakQXWAx&mls=1; https://my.matterport.com/show/?m=H96r4s1Q9Ev&mls=1; https://my.matterport.com/show/?m=FJTZFym4FLq&mls=1 https://vimeo.com/1028937071?share=copy
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Apartment
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Interior
Basement Full
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features OnStreet
Water Source Public
Lot Size Area 0.248
Number of Buildings 1
Spa N
Building Area Total 15228.0
Lot Size Acres 0.248
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3206
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* Excluded Features
List By
Gregory Erlanger

Listing Agent

Keller Williams Citywide

Broker

Info@EZSalesTeam.com

Email

Affordability Calculator

$13,426
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,679
Monthly Property Taxes
$1,748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2024$1,950,000 Listed Price

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3206 W 100th Street, Cleveland, OH, 44111 is a Commercial Property for sale at $1,950,000 with a lot size of 0.248. 3206 W 100th Street was built in 1918. The property's zip code is 44111 which is in Cleveland, OH