1477 E 195th Street
Euclid, OH 44117
- 3 beds
- 1 bath
- 1,176 sqft
- 5,319 sqft lot
- $97 per sqft
- 1954 build
- – on site
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!
Last checked:
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Checking…
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Last updated Nov 19, 2024
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MLS# 5078265 —
The Building
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Year Built:1954
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Architectural Style:CapeCod
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Levels:ThreeOrMore
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Roof:Asphalt,Fiberglass,Shingle
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Basement:Full,PartiallyFinished
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Basement:true
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Above Grade Finished Area:1176.0
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Above Grade Finished Area Source:Assessor
Interior
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Fireplace:false
Room Dimensions
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Living Area:1176.0
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Living Area Units:SquareFeet
Location
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Directions:North of HWY 20
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Latitude:41.563813
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Longitude:-81.54694
The Property
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Parcel Number:646-23-055
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Subtype Additional:SingleFamilyResidence
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.1221
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Lot Size Area:0.1221
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 870-8687
- Office phone:
- (440) 526-9400
Taxes
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Tax Year:2023
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Tax Legal Description:GORE EUCLIDAVE 0101 ALL
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Tax Annual Amount:$2,000
Beds
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Bedrooms Total:3
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Main Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1477-E-195th-Street-Euclid-OH-44117/unbranded
Heating & Cooling
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Heating:Gravity
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Laundry Features:InBasement
Schools
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Elementary School District:Euclid CSD - 1813
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Middle School District:Euclid CSD - 1813
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High School District:Euclid CSD - 1813
The Community
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Subdivision Name:Euclid Ave Sub
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Pool Private:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Driveway,Detached,Garage,Paved
Monthly cost estimate
Asking price
$114,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$615
|
| Taxes | $166 |
| Insurance | $31 |
| Utilities | $128 See report |
| Total | $940/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/16/24
Oct 16, 2024
|
Listed / Active | MLS_NOW | $114,900 | |
|
2/13/17
Feb 13, 2017
|
Sold | MLS_NOW |
