1539, 1543 Babbitt RD Euclid, OH 44132
4 Beds
2 Baths
2,342 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,342 sqft
Price per Sqft $85
Subdivision Caswell Homes
MLS Listing ID 5253152
Bedrooms 4
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Abv Grd Liv Area 2,342
Year Built 1943
Annual Tax Amount $3,245
Tax Year 2025
Lot Size 2,670 Sqft
Acres 0.0613
Property Sub-Type Duplex
Property Description
Both homes underwent substantial renovations in 2019, including new roofs, siding, windows, updated plumbing, electrical systems, furnaces and water heaters, remodeled kitchens and bathrooms, new flooring, trim, doors, and numerous cosmetic improvements. Each townhouse features two bedrooms, one full bathroom, a full basement with laundry, and separately defined living spaces. The properties have been maintained in good overall condition, reducing the need for extensive initial improvements.
1543 Babbitt Road is currently tenant occupied at $945 per month, providing immediate rental income. The adjoining townhouse at 1539 Babbitt Road is vacant and was previously rented for $1,050 per month, giving the new owner an opportunity to select a tenant or explore an owner-occupied investment arrangement. At these rental rates, the two properties offer combined potential gross rental income of $1,995 per month, or $23,940 annually, before expenses and vacancy.
What makes this offering particularly appealing is the separate parcel ownership. Investors can acquire both properties together while maintaining the potential for separate financing and individual resale, subject to lender and title requirements. Each townhouse is also offered for sale individually.
Conveniently located in Euclid with access to shopping, dining, and major transportation routes, these updated townhouses offer a combination of current income, rental potential, and long-term ownership flexibility. Please do not disturb the tenant at 1543 Babbitt Road.
Location
State OH
County Cuyahoga
Direction West
Rooms
Basement Full, Partially Finished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Window Features Double Pane Windows
Appliance Dishwasher, Range, Refrigerator
Laundry Lower Level, In Unit
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces West
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Updated/Remodeled
Schools
School District Euclid Csd - 1813
Others
Tax ID 648-21-020
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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