BEDS6
BATHS6 full
SQUARE FEET4,386
MLS#5206072
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLParma City
Property Description
Don't miss the opportunity to own this 6 Unit Muiti-family building in a prime location for rental income! Located in Parma, Ohio -10 minutes from Downtown Cleveland, great neighborhood for renters, low maintenance building with brick exterior and recently updated driveway and parking pad. Basement with coin laundry for additional income. Great rental income growth potential verse comparables in area! All units have been maintained by the current owner. Professionally cleaned/painted after each tenant. Updated electrical boxes, hot water tank, double pane windows, and appliances upgraded between tenants. Very low vacancy rate! This is a gem for any investor! Unit Mix: 5 - Units- l Bedroom, l Bath, approx. 500 sq ft. l Unit - Efficiency, 1 Bath, approx. 350 sq ft. Owner pays common area gas & electric, pays all water, sewer, garbage, and snow removal. Charges pet fees and coin laundry.
Property Features
Property Type: Multi Unit - Multiple
Basement: Common Basement, Concrete
Basement: Yes
Cooling: None
Heating: Forced Air, Gas, Hot Water, Steam
Lot Size: 0.18 Acres
Roof Type: Composition, Flat
Stories: 3.0
Taxes: $8,516 / year
Year Built: 1945
Feature Descriptions
Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Exterior: Brick
Laundry: Common Area, In Basement
Parcel#: 449-12-005
Parking: Asphalt, Common
Sewer: Public Sewer
Water: Public
Local Schools
School District: Parma City
Listed By / Shown By
Listed By
Agency Name: Century 21 Homestar
Agency Contact: halle.rahz@gmail.com, 330-233-2090
Shown By
Agent Name: Melody Costello
Agent Phone: (330) 723-9911 ext. 303
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 2,119.32 per month $1,246.32 Principal & Interest $709.67 Property Tax $163.33 Homeowner's Insurance
6118 Ridge Road | MLS# 5206072
This multi-family property located at 6118 Ridge Road , Parma, OH 44129 is currently listed for sale with an asking price of $560,000. Ridge Road is located within the Parma City school district. Search Parma real estate on mcostello.mcrealestateohio.com today.