1477 E 195th Street , Euclid, OH 44117
Euclid, OH 44117
Description
Attention investors! Here’s your chance to grab a tenant-occupied property in the desirable suburb of Euclid! Currently rented at $850 per month with the tenant paying all utilities, this property offers significant potential for rent increases. With the tenant on a month-to-month lease, you can easily raise the rent to market rates of about $1,500 by making minor cosmetic updates, including fresh paint, kitchen and bathroom upgrades, and new carpet upstairs. This is the ideal BRRRR opportunity! Once completed, you’re looking at a turnkey property with a projected 10% cap rate. Featuring hardwood floors on the first floor, a partially finished basement, and a 2-car detached garage, this is a fantastic investment for both new and seasoned investors!
Details
| MLS# | 5078265 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 95 |
| Listing Provided By | Russell Real Estate Services | Tal Tamir |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,176 |
| Garage | 2 |
| Basement | Y |
| Acreage | 0.12 |
Market Activity 44117
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Learn More About This Property
| State | OH |
|---|---|
| County | Cuyahoga |
| City | Euclid |
| Zip Code | 44117 |
| Community Name | Euclid Ave Sub |
| School District | Euclid CSD - 1813 |
| Elementary School | Euclid CSD - 1813 |
| Middle School | Euclid CSD - 1813 |
| High School | Euclid CSD - 1813 |
| Listing VS Median (in Euclid Ave Sub) | |
Price: $114,900 low | high Med: $114,900 SqFt: 1,176 low | high Med: 1,176 $ / SqFt: $98 low | high Med: $98 On Site: 95 low | high Med: 95.000000 | |