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$ 147,500
Est. payment /mo
Active
3996 E 71st ST Cleveland, OH 44105
5,061 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Reid Estate
MLS Listing ID 5225250
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,324
Tax Year 2025
Lot Size 5,061 Sqft
Acres 0.1162
Property Sub-Type Mixed Use
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.
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.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Steam
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Water Access Desc Public
Roof Type Flat
Present Use Mixed Use
Building
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 132-21-006
Special Listing Condition Standard
Listed by Jonothon Murchison • Keller Williams Greater Metropolitan • JMurchison@kw.com, 440-256-6179
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