Prime Investment Opportunity – Mixed-Use Property in Residential Neighborhood
Welcome to 2232-2236 W 103rd St, a rare find in the heart of a quiet Cleveland residential neighborhood. This mixed-use property offers exceptional income potential with six spacious 2-bedroom, 1-bath residential units and a street-facing retail storefront – currently leased as a convenience store.
Ideal for investors looking to expand their portfolio, this property provides strong rental demand in an established neighborhood. While the property does need some TLC, the structure offers great bones and a solid layout to work with, making it an excellent value-add opportunity.
Current Income: Store front $1800M, (3) Units occupied $750M. (3) Units vacant
Mechanicals: All units have separate furnace, electric and water heaters.
Current utility cost: Tenants pay gas and electric, landlord pays water and electric for the common area.
Property Highlights:
6 residential units – each 2 bed / 1 bath
Retail storefront for commercial use or additional rental income, currently a convenience store.
Located in a stable, well-established neighborhood.
Tremendous upside potential with minor renovations.
Whether you’re an experienced investor or looking to get started in multi-family properties, this asset offers flexibility, location, and room for appreciation.
Bring your vision and unlock this property's full potential! Private showings upon request!
Under contract
$475,000
2236 W 103rd St, Cleveland, OH 44102
8beds
--sqft
Est.:
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Street-facing retail storefront
- 50 days
- on Zillow |
- 277 |
- 20 |
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