6118 Ridge RD, Parma, OH 44129
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6118 Ridge RD, Parma, OH 44129
6118 Ridge RD, Parma, OH 44129
6118 Ridge RD, Parma, OH 44129
6118 Ridge RD, Parma, OH 44129
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$ 560,000
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6118 Ridge RD Parma, OH 44129

6 Beds

6 Baths

4,386 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,386 sqft

Price per Sqft $127

MLS Listing ID 5206072

Bedrooms 6

Full Baths 6

HOA Y/N No

Abv Grd Liv Area 4,386

Year Built 1945

Annual Tax Amount $8,516

Tax Year 2025

Lot Size 7,710 Sqft

Acres 0.177

Property Sub-Type Quadruplex

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.

Location

State OH

County Cuyahoga

Rooms

Basement Common Basement, Concrete

Interior

Heating Forced Air, Gas, Hot Water, Steam

Cooling None

Fireplace No

Appliance Dryer, Dishwasher, Range, Refrigerator, Washer

Laundry Common Area, In Basement

Exterior

Parking Features Asphalt, Common

Water Access Desc Public

Roof Type Composition,Flat

Private Pool No

Building

Story 3

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Parma Csd - 1824

Others

Tax ID 449-12-005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Halle C Rahz • Century 21 Homestar • halle.rahz@gmail.com, 330-233-2090
Nikki Alden

Nikki Alden

Agent | License ID: 2006004213

+1(330) 618-4845

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6118 Ridge RD