515 E 250th Street, Euclid, OH 44132

$125,000
3
BD
1
BA
1,880
SqFt

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Sold Price
$125,000
List Price
$124,500
Status
CLOSED
Days on Market
48
Closing Date
Apr 14, 2026
MLS#
5188655
Subtype
Residential
Style
Bungalow
Year Built
1942
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,880
Acres
0.13
Subdivision
Burklands
Neighborhood
Burklands
MLS Area Major
Euclid

Property Description

ATTENTION INVESTORS! Turnkey suburban rental opportunity—avoid Cleveland lead requirements/regulation while securing immediate cash flow/long term appreciation. TENANT OCCUPIED single-family bungalow is a smart addition to any portfolio. Currently rented at $1,250 per month, with tenant paying gas, electric, & lawn care, property delivers income from day one. Home offers 3 bedrooms, 1 full bath, and a full basement for additional storage and long-term flexibility. Recently painted (2022), exterior features low-maintenance aluminum siding, updated dimensional roof, vinyl windows, 1-car detached garage. Inside, you’re welcomed by a bright living room w/refinished hardwood flooring that continues throughout much of the home. Renovated kitchen includes newer cabinetry, granite countertops, plus durable vinyl flooring. Updated full bath showcases tiled tub surround, newer vanity, updated flooring. All bedrooms offer closet space and hardwood floors. Additional improvements include replaced light fixtures, switches, and outlets throughout, an updated electrical panel, newer hot water tank, & younger furnace—helping reduce deferred maintenance concerns. Convenient highway access & proximity to shopping, dining, public transit enhance tenant appeal & retention. Solid structure, strong rental location, and stable occupancy make this a dependable income-producing asset. Cash flow immediately. Serious, qualified investor inquiries only. Please review photos prior to requesting showings. No owner financing or wholesalers.

Additional Information

Taxes
$2,695
Property Description
Bungalow
Appliances
Dishwasher, Microwave, Range, Refrigerator
Heating
Forced Air, Gas
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass, Shingle
Parking Features
Detached, Garage
Garage Spaces
1
School District
Euclid CSD - 1813

Listing Courtesy of: Christopher A Frederick, thefrederickteam@gmail.com With Coldwell Banker Schmidt Realty

Selling Office: Red 1 Realty, LLC.

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