$114,900

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!

Amenities

• Bedrooms: 3
• Full Bathrooms: 1
• Partial Bathrooms: 0
• Property Type: Residential
• Architectural Style: Cape Cod
• Year Built: 1954
• Built in 1954
• Home size: 1,176 ft² / 109.25 m²
• MLS: 5078265
• Status: Active

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