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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
3
Photos
3
beds
1
bath
1,176
sqft
Built in
1954
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!
Features & Amenities
Interior
- Laundry:
- In Basement
- Basement:
- Full,Partially Finished
- A/C:
- false, None
- Heating:
- true, Gravity
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Cape Cod
- Parking:
- Driveway,Detached,Garage,Paved
Construction
- Roofing:
- Asphalt,Fiberglass,Shingle
- General:
- Aluminum Siding,Vinyl Siding, Three Or More
Location
- Originating MLS:
- NOWDD
- School District:
- Euclid CSD - 1813
- County:
- Cuyahoga
Lot
- Zoning:
- GORE EUCLIDAVE 0101 ALL, 646-23-055
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NOWDD
This listing courtesy of:
Russell Real Estate Services, Tal Tamir
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Euclid, OH
Housing
- Number of Units
- 22,271
- Median Home Value
- $83,978
- Median Rent
- $714
56.50% of housing units are renter occupied.
10.44% are vacant.
Commute
- Car
-
76.21%
- Public Transportation
-
7.11%
- Walk to Work
-
2.54%
- Work from Home
-
13.42%
- Other
-
0.36%
The median travel time to work is 24 minutes.
People
- Population
- 42,457
- Median Age
- 40.90
- Median Household Size
- 2.23
Education
- High School
-
31.11%
- Associate’s Degree
-
9.06%
- Bachelor’s Degree
-
14.97%
- Graduate Degree
-
6.11%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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