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6118 Ridge Rd, Cleveland, OH, 44129

6beds
6baths
4,386sqft
$560,000
$128price/sqft
$4,444/moest. monthly cost
$177,760/yrincome needed

About This Home

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.

Getting Around

54
WalkingSomewhat Walkable
32
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

6/10
6/10
Valley Forge High SchoolGrades 8-122.0 mi
6/10
Greenbriar Middle SchoolGrades 5-72.0 mi

Construction

Condition

  • Year built: 1945

Materials

  • Roof: Composition,Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Range,Refrigerator,Washer
  • Laundry features: Common Area,In Basement

Basement

  • Has basement: Yes
  • Basement: Common Basement,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Finished area above ground: 4,386

Heating & Cooling

  • Heating features: Forced Air,Gas,Hot Water,Steam
  • Cooling features: None

Interior Area

  • Total structure area: 4,386
  • Total interior livable area: 4,386 sqft

Property

Details

  • Parcel number: 44912005

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 7,710 sqft

Parking

  • Parking features: Asphalt,Common