This exceptional investment opportunity offers two properties on one parcel, including a commercial building with two units (Bar/Restaurant) and a residential home, providing significant income with room for growth. The first property features a fully rehabbed lounge and a 3-bedroom apartment above it, currently generating $2,500 monthly, with rents below market value, allowing for potential revenue increases. The lounge and the apartment are on a lease through 2027, offering long-term stability. The property also includes newer windows, electrical, plumbing, a roof replaced in 2019, 20 parking spots, and a 2-car garage. Additionally, both properties are POS compliant. The second property is a newly remodeled 4-bedroom home with an open floor plan, granite countertops, stainless steel appliances, newer windows throughout, and central air. This spacious home includes one bedroom on the first floor and three additional bedrooms on the upper level, with a monthly rental potential of $1,800. To provide extra peace of mind, the seller offers the buyer a one-year home warranty to home. This unique property package is perfect for investors looking to expand their portfolio or those seeking a dual-income opportunity.
Solid brick two family for great income potential! Long term tenant up, down unit is vacant and ready for higher rents with minimum prep work! Great location, walking distance to pool, library, high school, tennis courts, skating rink, and much more! New roof and windows in 2015. New high efficiency furnaces and air conditioning condensers in 2016. POS inspection on order. To be fair to all buyers, seller reserves the right to not respond to offers until the property has been on the market for five days.
The median home value in Euclid, OH is $77,200. This is lower than the county median home value of $123,800. The national median home value is $219,700. The average price of homes sold in Euclid, OH is $77,200. Approximately 40.94% of Euclid homes are owned, compared to 44.55% rented, while 14.51% are vacant. Euclid real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Euclid real estate agent to arrange a tour today!
Euclid, Ohio 44123 has a population of 47,698. Euclid 44123 is less family-centric than the surrounding county with 18.36% of the households containing married families with children. The county average for households married with children is 24.44%.
The median household income in Euclid, Ohio 44123 is $37,141. The median household income for the surrounding county is $46,720 compared to the national median of $57,652. The median age of people living in Euclid 44123 is 41.1 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 21.8 degrees. The average rainfall is approximately 40.2 inches per year, with 35.9 inches of snow per year.