Listed By
Agency Name: McDowell Homes Real Estate Services
Agency Contact: Theresa@sellwithseese.com, 216-666-1411
Shown By
Agent Name: Meyer & Dial
Agent Phone: (614) 340-9660
Agency Title: Cutler Real Estate
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Property Description
Turnkey investment opportunity with immediate income in place! This solid 4-bedroom brick home is the perfect addition to your rental portfolio. Featuring a newer roof (6 years old) and brand-new HVAC installed in 2025, the major mechanical updates are already handled helping reduce near-term capital expenses and protect your bottom line. Currently tenant-occupied with a CMHA tenant paying $1,626 per month. Tenant has been in place since December 2024, is currently month-to-month, and would love to stay and will sign another lease. She has been a great tenant, making this a smooth, low-hassle transition for investors seeking stable income from day one. Four true bedrooms provide strong rental appeal and long-term demand. The durable brick exterior adds to the property's low-maintenance profile. Whether you're expanding your portfolio or securing your first income-producing property, this is a cash-flowing opportunity you won't want to miss. Will be POS compliant.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Days on Market: 29
Garage: 2
Heating: Forced Air
Home Style: Cape Cod
Lot Size: 0.18 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,768 / year
Year Built: 1951
Feature Descriptions
Exterior: Brick
Parcel#: 645-29-098
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Euclid City
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Estimated Payment
$ 1,090.59 per month $813.26 Principal & Interest $230.67 Property Tax $46.67 Homeowner's InsuranceChange Payment Information
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643 E 261st Street | MLS# 5186532
This single family home located at 643 E 261st Street, Euclid, OH 44132 is currently listed for sale with an asking price of $160,000. This property was built in 1951 and has 4 bedrooms and 1 full baths with 1344 sq. ft. E 261st Street is located in the Frst Park 02 subdivision within the Euclid City school district. Search Frst Park 02 real estate on www.meyeranddial.com today.