23198 Gay Street, Euclid, OH 44123

• 4 beds |
• 2 baths |
• 1,220 sqft

Property Description

Step into this beautifully updated and turnkey home that’s cash-flowing and read to add value to your portfolio! A newly placed tenant has a lease through 03/31/2027 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! 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 won’t last long—schedule your showing today!

Listing Status:

Active

Data Last Updated:

February 14, 2026 at 8:19PM

Listing Office:

RE/MAX Haven Realty : 440-519-3100

Listing Agent:

Michael Azzam : 216-446-7606

MLS ID:

5168358

Interior

• General: Built-in Features
• Laundry: Main Level
• A/C: None
• Heating: Gravity
• Fireplace: Fireplaces: 0

Exterior

• Style: Cape Cod
• Other Structures: Patio
• Parking: DetachedGarage

Construction

• Roofing: AsphaltShingle
• General: Aluminum SidingVinyl Siding2Slab

Location

• Originating MLS: NOWDD_NORM
• School District: Euclid CSD - 1813
• County: Cuyahoga

Lot

• Zoning: TR 19 BENTONHO 0022 ALL644-27-030
• Fencing: Partial

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM