Investor Special in Euclid! 1523 Babbitt offers a rare value-add opportunity at a price point you just don't see anymore. This property is primed for either a quick flip or a strong cash-flowing rental. With proforma rents in the area ranging from $1,100-$1,300/month, investors can expect solid returns. Much of the heavy lifting has already been done-new flooring on the first floor and many updated features-while the second floor boasts original hardwoods ready to be refinished for added value. The home has a solid, straightforward layout that makes it an easy project to complete. With easy highway access, close proximity to shopping, dining, public transit, and just steps away from the Amazon Distribution Center, this location attracts strong rental demand. Whether you're looking for a profitable resale or a long-term buy-and-hold in a growing rental market, this one is ready for your vision.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Other Rooms
- Total Rooms: 5
- Living Room Level: First
- Basement Description: Unfinished
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Level: Second
Heating and Cooling
- Heating Features: ForcedAir
- Heating: Yes
Kitchen and Dining
Land Info
- Land Lease: No
- Lot Size Acres: 0.0847
- Lot Size Source: Assessor
- Lot Size Square Feet: 3690
Garage and Parking
- Garage Spaces: 1
- Parking Features: Detached, Garage
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School District: Euclid CSD - 1813
- High School District: Euclid CSD - 1813
- Middle or Junior School District: Euclid CSD - 1813
Other Property Info
- Annual Tax Amount: 1598
- Source Listing Status: Active
- County: Cuyahoga
- Directions: Babbitt Rd north of Euclid Ave
- Tax Year: 2024
- Source Property Type: Residential
- Home Warranty: No
- Property Subtype: townhouse
- Source Neighborhood: Caswell Homes
- Parcel Number: 648-21-016
- Postal City: EUCLID
- Subdivision: Caswell Homes
- Township: Euclid
- Property Subtype: Townhouse
Building and Construction
- Total Square Feet Living: 858
- Year Built: 1943
- Above Grade Finished Area: 858
- Above Grade Finished Area Source: PublicRecords
- Construction Materials: Brick, VinylSiding
- Levels: Two
- Living Area Units: SquareFeet
- Property Age: 82
- Roof: Asphalt, Fiberglass
- Levels or Stories: 2
- Building Total Stories: 2
- Structure Type: Townhouse
- Total Above Grade Sqft Area: 858
- Year Built Source: PublicRecords
- Architectural Style: Colonial
Utilities
- Sewer: PublicSewer
- Water Source: Public