1477 E 195th ST new Save Request In-Person Tour Request Virtual Tour
Euclid,OH 44117
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $97
Subdivision Euclid Ave Sub
MLS Listing ID 5078265
Style Cape Cod
Bedrooms 3
Full Baths 1
Year Built 1954
Annual Tax Amount $2,000
Tax Year 2023
Lot Size 5,318 Sqft
Property 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!
Location
State OH
County Cuyahoga
Rooms
Ensuite Laundry In Basement
Interior
Laundry Location In Basement
Heating Gravity
Cooling None
Laundry In Basement
Exterior
Garage Driveway,Detached,Garage,Paved
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Roof Type Asphalt,Fiberglass,Shingle
Building
Sewer Public Sewer
Water Public
Schools
School District Euclid Csd - 1813
Others
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard