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About This Home

This 3-bedroom, 2-bathroom single family at 1566 E 195th Street in Euclid, OH is listed for $125,000 ($73 per sqft). Built in 1942, the home offers 1,706 sqft of living space on a 0.12 acres lot.

Agent Description

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.

Key Features

  • Built in 1942
  • 0.12 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1942

Amenities

A/C

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

1566 E 195th Street

Euclid, OH 44117

Euclid Ave Allotment

Property Details

Construction

VinylSiding

Pool Features

Patio

Parking

Driveway

Heating

Natural GasForced Air

Cooling

Window Unit(s)Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1566 E 195th Street is listed at $125,000 ($73/sqft). The estimated monthly payment is $542 based on 20% down at 6.5% interest.

Key features include: Built in 1942, 0.12 acre lot, 2 stories.

This property is listed by Christopher A Frederick and can be reached at 2162107653 or thefrederickteam@gmail.com.

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CF

Christopher A Frederick

Agent at Coldwell Banker Schmidt Realty

(216) 210-7653

Listed by Coldwell Banker Schmidt Realty

MLS# 5194942· Source: listhub· Updated 20 days ago

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1566 E 195th Street, Euclid, OH 44117

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