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 Information
Address6118 Ridge Road
CityParma
StateOH
Zip Code44129
Price$560,000
Property TypeResidential Income
Listing TypeQuadruplex
Bedrooms6
Bathrooms6
Area4,386 Sq Ft
Location
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