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663 Babbitt Rd - Well Located | Brick | Side-By-Side Duplex 2 Unit Apartment Building Offered at $353,597 CAD at a 10.62% Cap Rate Euclid, OH 44123
Investment Highlights
- Great Unit Mix - Each Unit has 3 Beds 1.5 Baths
- Close to Freeway - 0.5 miles to I-90
- Hardwood Floors, Vinyl Windows, AC, Updated Electric Panels, New Rear Driveway
- Side-By-Side Duplex | All Brick
- Separate Gas and Electric Meters for Each Unit
- Detached 2 Car Garage
Executive Summary
Well maintained all brick side-by-side duplex in one of the best locations in Euclid, Oh. Excellent visibility positioned directly across the street from Euclid High School and only 0.5 miles from Rt. 90 allowing for great freeway access. Each unit features 3 bedrooms, 1.5 bathrooms, separate basements for each side and a detached 2 car brick garage. Both units have separate gas and electric meters - one for each side, allowing the tenants to pay for their own utilities. Preferred in-unit finishes such as hardwood floors throughout, fully central air conditioned units, updated vinyl windows (2007) throughout, roof (2007), glass block windows in basement (2010), updated electric panels, and more! Will be City POS compliant at closing.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$48,978
|
$16.66
|
| Other Income |
$184
|
$0.06
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$49,162
|
$16.72
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,605
|
$3.95
|
| Net Operating Income |
$37,557
|
$12.77
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $48,978 |
| Annual Per SF | $16.66 |
| Other Income (CAD) | |
|---|---|
| Annual | $184 |
| Annual Per SF | $0.06 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $49,162 |
| Annual Per SF | $16.72 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $11,605 |
| Annual Per SF | $3.95 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $37,557 |
| Annual Per SF | $12.77 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Tile Floors
- Eat-in Kitchen
- Hardwood Floors
- Oven
- Yard
- Basement
- Family Room
- Lawn
- Window Coverings
- Large Bedrooms
Site Amenities
- Laundry Facilities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 2 | $2,041 CAD | 1,490 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 643-30-009 | Improvements Assessment | $48,766 CAD (2025) |
| Land Assessment | $9,363 CAD (2025) | Total Assessment | $58,129 CAD (2025) |
Property Taxes
Parcel Number
643-30-009
Land Assessment
$9,363 CAD (2025)
Improvements Assessment
$48,766 CAD (2025)
Total Assessment
$58,129 CAD (2025)
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663 Babbitt Rd - Well Located | Brick | Side-By-Side Duplex
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