3996 E 71st Street, Cleveland, OH 44105

$147,500

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List Price
$147,500
Status
ACTIVE
MLS#
5225250
Year Built
1920
Region
Cleveland
Township
Cleveland
Subdivision / Building
Reid Estate

Property Description

Unlock the potential of this mixed-use commercial building featuring 2 retail storefronts and 3 residential apartments, making it an outstanding opportunity for investors, entrepreneurs, and owner-operators alike. Positioned on a highly visible corner lot, this versatile property offers endless possibilities for a variety of businesses. The residential component includes two large, spacious apartments on the second floor. One apartment features 3 bedrooms, while the other offers 4 bedrooms. Both units include generous living rooms, formal dining rooms, spacious kitchens, and hardwood flooring, providing comfortable living spaces with excellent rental potential. The third unit is a main-level rear efficiency apartment complete with its own kitchen and full bath, offering an additional income stream. The building features a newer boiler and offers tremendous upside with only minor repairs needed, making it an ideal value-add investment. 24-hour notice is required for all showings. No exceptions. Buyers are encouraged to perform their own due diligence. Information is deemed reliable but not guaranteed. Don't miss this exceptional opportunity to own a mixed-use property with great Income Producing ability, tremendous flexibility, and significant upside potential.

Additional Information

Taxes
$2,324
Acres
0.12
Sewer
Public Sewer
Roof
Flat
Water
Public
Heating
Hot Water, Steam
Cooling
Ceiling Fan(s)
School District
Cleveland Municipal - 1809

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Listing Courtesy of: Jonothon Murchison, JMurchison@kw.com With Keller Williams Greater Metropolitan

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