Description
1477 E 195th Street,
Euclid,
OH
44117
Attention investors! Heres 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, youre 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!
This is an Active listing.
Broker Office Phone Number: 440-526-9400
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Amenities
- Asphalt Shingle Roof
- Asphalt / Fiberglass Roof
- Driveway
- Garage
Listing By: Russell Real Estate Services via Data Source: MLS Now
Price History
date | price | variance | type |
---|
10/16/2024 | $114,900 | - | Listed |