6118 Ridge Road, Parma, OH 44129
- $560,000
- 6
- BD
- 6
- BA
- 4,386
- SqFt
- List Price
- $560,000
- Status
- PENDING
- Days on Market
- 90
- MLS#
- 5206072
- Subtype
- Residential Income
- Year Built
- 1945
- Bedrooms
- 6
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 4,386
- Acres
- 0.18
- MLS Area Major
- Parma
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.
Additional Information
- Taxes
- $8,516
- Appliances
- Dryer, Dishwasher, Range, Refrigerator, Washer
- Heating
- Forced Air, Gas, Hot Water, Steam
- Air Conditioning
- None
- Stories
- 3
- Levels
- Three Or More
- Roof
- Composition, Flat
- Parking Features
- Asphalt, Common
- School District
- Parma CSD - 1824
Listing Courtesy of: Halle C Rahz, halle.rahz@gmail.com With Century 21 Homestar
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