Available
$130,000(ARV: $200,000)65% of ARV

Cuyahoga County, Euclid, OH 44123

3 bd2 ba1,442 sfBuilt 1954

Just listed

Gross spread$70,000

Description

🌟 OFF-MARKET DEAL DESCRIPTION: 276 E 242nd StPrice: $130,000 (Cash / Hard Money Only)Estimated ARV: $200,000+Property Specs: 3 Bedrooms / 2 Bathrooms Investor Overview: This is the ultimate low-risk, high-reward property perfect for any investor portfolio. Whether you want to add a reliable cash-flowing asset to your rental portfolio or execute a rapid cosmetic flip, this property is structurally ready to go. Why It's Perfect for a Rental: Say goodbye to immediate capital expenditures (CapEx). The roof, HVAC furnace, and hot water heater are all under 5 years old, giving long-term buy-and-hold landlords total peace of mind against expensive emergency repairs. With new flooring already completed throughout most of the house, you can place a tenant almost immediately for maximum cash flow. Why It's an Easy Cosmetic Flip: Skip the long contractor delays and heavy structural permits. The foundation and all major mechanical systems are completely solid. To pull the full retail value out of this home, an investor only needs a light cosmetic remodel updating the kitchen and the bathrooms. 🔥 Immediate Neighborhood Market Comp21130 Edgecliff Dr, Euclid, OH 44123Sale Price: $285,000Layout: 3 Beds / 2 Baths Relevance: This local 3-bedroom, 2-bathroom property proves that the area easily commands top-tier retail pricing well past your $200k target baseline once cosmetic features are fully maximized.

$/sqft vs market

This deal$90/sqft
Market median$141/sqft
Difference36% below

Median of 5 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,442
Lot size
Year built1954
ConditionTurn Key
Occupancy
ParkingDriveway

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing0
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