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6118 Ridge RD Parma, OH 44129
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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,386 sqft
Price per Sqft $102
MLS Listing ID 5206072
Sold Date 10/21/26
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
Stories Three Or More
Story Three Or More
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
Financing Conventional
Read Less
Bought with Robin Ritz • Howard Hanna
NEARBY SCHOOLS & BUSINESSES
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