OH
Cuyahoga
Euclid
44123
20207 Lake Shore Boulevard
20207 Lake Shore Boulevard, Euclid, OH 44123
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Listing Type
Multi Family
Listing Status
Pending
11
$275,000

Home Details for 20207 Lake Shore Boulevard

Price
$275,000
Type
Residential Income
Bedrooms
6
Bathrooms
4.0
Square feet
3220
Year built
1984
Lot size acres
0.1919
County
Cuyahoga
Total rooms
12
Garage
4
Basement
Full, Partially Finished
Days on site
86
MLS Listing#
5160281
Property Description

Rare duplex opportunity on Lake Shore Blvd. Custom built in 1984 and owned by only two families since, this side-by-side brick duplex offers nearly 2,000 SF per unit with 3 bedrooms, 1.5 baths, private finished basements, and a bonus of separate driveways and private 2-car garages. Only 49 years old, this home was built to high standards and has been diligently maintained - that means you are likely to escape the costly surprises common in Euclid’s older housing stock. It is time, however, for renovations to maximize rental income: kitchens, baths, flooring, and interior paint. For owner-occupants: live in one unit and let your tenant pay your mortgage. For investors - whether this is your first rental property or you are adding to your portfolio, you will enjoy low risk now, and strong equity gains over time. The location is in one of Euclid's highest rent locations, with strong rental demand and rapidly increasing rents. After renovations, these units will command top market rents and deliver high cap rates, cash-on-cash returns, and flexible exit strategies. Ask for the detailed financial model showing the 5-year ROI. Want to double your income? Purchase the identical property next door: 20249 Lake Shore. Owner occupants and tenants alike can live the lake lifestyle with membership privileges at Arcadia Beach Club. Plus, this home is just minutes from the urban oasis of Euclid Creek Reservation where there is something for everyone year-round with more beaches, parks, nature preserves and scenic overlooks, a marina for boating and fishing, picnic pavilions, and even an historic village.

Property Features
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Detached
    • Garage
  • Basement
    • Full
    • Partially Finished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: Keller Williams Greater Metropolitan - 216-839-5500
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-12-22 11:06:39
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Median Listing Price
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Market statistics compiled from data from YES MLS.
EXIT RIVERBEND REALTY
220 Main St, Belpre, OH 45714
Jim Richards
CA BRE: #: WVS180300267
License #: sal.2019007897
Sales Representative
Office
740 860 3555
Agent
304 210 7379
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