23198 Gay Street Euclid, OH 44123

Residential - Single Family MLS 5168358 Sold
Closed 155000
  • 23198 Gay Street , Euclid, OH 44123 Photo 1
1/1 Fullscreen
4 beds 1 full baths 1 partial baths 1,220 sqft

Listed By

Agency Name: RE/MAX Haven Realty
Agency Phone: 440-519-3100

Shown By

Agent Name: Denise Evans
Agent Phone: (330) 575-1832
Agency Title: Cutler Real Estate

Contact Denise Evans About This Property

Contact Form

Property Description

Step into this beautifully updated and turnkey home thatâ??s cash-flowing and read to add value to your portfolio! A newly placed tenant, lease is through 03/01/2027, with rent through Section 8 at nearly $1,600! With ROI at 10%, this deal is a high-value opportunity! The fully updated property features newer windows, fresh paint in neutral tones throughout, updated kitchen with newer cabinets, granite countertops and chic fixtures. The home has 4 bedrooms, a convenient first floor laundry room, a fully updated bathroom with a new tile shower and tub combo, modern vanity, and updated fixtures on the main floor and an additional half bath upstairs for added value. This home has been thoughtfully upgraded throughout, including updated lighting and fixtures, a new thermostat, new switches and outlets, and a new hot water tank! Exterior improvements include a new roof (2023), new garage door, and partially fenced yard with a detached one-car garage! This smart investment opportunity offers modern updates, low-maintenance features, and solid ROI! Easy financing with a 20% down payment. Professional and streamlined turnkey process for a seamless transition to your investment portfolio. Professional management is currently in place and willing to stay on! Full-service management includes dedicated departments for leasing, marketing, and tenant communication! Rehab and construction services are also available, making it ideal for remote investors! This turnkey home wonâ??t last longâ??schedule your showing today!

Property Features

Property Type: Residential - Single Family
Cooling: None
Days on Market: 184
Garage: 1
Heating: Gravity
Home Style: Cape Cod
Lot Size: 0.13 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $2,888 / year
Year Built: 1949

Amenities

Built-in Features

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Fencing: Partial
Laundry: Main Level
Parcel#: 644-27-030
Parking: Detached, Garage
Parking Notes: Detached, Garage
Patio/Porch: Patio
Sewer: Public Sewer
Water: Public

Local Schools

School District: Euclid City

Source: Delta Media Group, Inc.

Demographics

Cuyahoga County Demographic Information for
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,100.06 per month $812.75 Principal & Interest $240.67 Property Tax $46.64 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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