643 E 261st Street, Euclid, OH 44132

$150,000
4
BD
1
BA
1,344
SqFt

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Sold Price
$150,000
List Price
$160,000
Status
CLOSED
Days on Market
96
Closing Date
May 18, 2026
MLS#
5186532
Subtype
Residential
Style
Cape Cod
Year Built
1951
Bedrooms
4
Bathrooms
1
Full Baths
1
Living Area
1,344
Acres
0.18
Subdivision
Frst Park 02
Neighborhood
Frst Park 02
MLS Area Major
Euclid

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.

Additional Information

Taxes
$2,768
Property Description
Cape Cod
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway, Detached, Garage
Garage Spaces
2
School District
Euclid CSD - 1813

Listing Courtesy of: Theresa M Seese, Theresa@sellwithseese.com With McDowell Homes Real Estate Services

Selling Office: Lokal Real Estate, LLC..

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