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$125,000 (USD)
Active

Euclid Ave Allotment Area Single Family Home

Active

1566 E 195th Street Euclid, OH 44117

3 Bed
2 Baths
1706 sqft
MLS# 5194942
ATTENTION INVESTORS! Turnkey rental opportunity with strong cash flow and a quality tenant in place paying $1,350/month (non-Section 8)the tenant pays all utilities. with time remaining on the lease and a desire to stay—perfect for immediate income and a seamless addition to your portfolio. Charming & well-maintained home blends comfort, updates, & functionality. Main level features a formal living room ideal for gatherings & an eat-in kitchen, renovated in 2018 w/updated cabinetry. Two bedrooms are located on the first floor, while the second level offers a spacious master retreat. Additional living space is found in the partially finished basement, ideal for recreation or entertaining, along with a convenient new half bath (2024). The main bathroom was tastefully renovated in 2018. The home also offers central air (2013) for year-round comfort. Numerous updates provide peace of mind, including a new concrete driveway (Oct 2024), new front gutters (Oct 2024), waterproofed basement (2004), new basement steps (2021), and updated laundry area flooring (2021). Enjoy the outdoors with a spacious backyard w/ample parking space & fenced. Located near shopping, public transportation, and major highways, this property offers strong tenant appeal and long-term rental stability. Ideal for first-time investors or expanding your portfolio—this is a true turnkey, income-producing asset. No showings until accepted offer. Do not disturb tenant. No wholesalers. Qualified buyers only.
Listing Courtesy of YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick
$124,500 (USD)
Contingent

Burklands Area Single Family Home

Contingent

515 E 250th Street Euclid, OH 44132

3 Bed
1 Baths
1880 sqft
MLS# 5188655
ATTENTION INVESTORS! Turnkey suburban rental opportunity—avoid Cleveland lead requirements/regulation while securing immediate cash flow/long term appreciation. TENANT OCCUPIED single-family bungalow is a smart addition to any portfolio. Currently rented at $1,250 per month, with tenant paying gas, electric, & lawn care, property delivers income from day one. Home offers 3 bedrooms, 1 full bath, and a full basement for additional storage and long-term flexibility. Recently painted (2022), exterior features low-maintenance aluminum siding, updated dimensional roof, vinyl windows, 1-car detached garage. Inside, you’re welcomed by a bright living room w/refinished hardwood flooring that continues throughout much of the home. Renovated kitchen includes newer cabinetry, granite countertops, plus durable vinyl flooring. Updated full bath showcases tiled tub surround, newer vanity, updated flooring. All bedrooms offer closet space and hardwood floors. Additional improvements include replaced light fixtures, switches, and outlets throughout, an updated electrical panel, newer hot water tank, & younger furnace—helping reduce deferred maintenance concerns. Convenient highway access & proximity to shopping, dining, public transit enhance tenant appeal & retention. Solid structure, strong rental location, and stable occupancy make this a dependable income-producing asset. Cash flow immediately. Serious, qualified investor inquiries only. Please review photos prior to requesting showings. No owner financing or wholesalers.
Listing Courtesy of YES MLS / Coldwell Banker Schmidt Realty / Christopher Frederick