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380 N Ridge Road, Lorain, OH 44053
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$250,000
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Home Details for 380 N Ridge Road
Price
$250,000
Type
Multi Family
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
3
Year Build
1978
Sq. Ft.
4550
Lot Size
6.2
County
Lorain
Tax
$3,106
MLS®️ Listing#
5084757
On exitrealty.com
341 days
Property Description
Rare opportunity for Real Estate investors. Several ways to optimize your profits. First floor offers 1,600 square foot open space that can be utilized as a business space or can be refigured for an apartment rental. Second floor has 2 units, 1100 sq feet each with 2 bedrooms each. This property is sitting on 6.2 acres. Lots of possibilities. Front of lot is zoned R3 and behind buildings is zones R1B. The house and outbuildings on east side of Triplex are not being sold and there will be a lot split after the purchase agreement is in place. This property is less than one mile from Route 2.
Two units are rented for $900 each. Instant income of $1800 a month.
- Heating Information
- Natural Gas
- Electric
- Forced Air
- Parking
- Additional Parking
- Garage
- Cooling Information
- Wall/Window Unit(s)
- Water Features
- Public
Listing Courtesy: The Sweda Group, LLC. - dianeleeprice@yahoo.com 440-654-3132
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-06-08 11:15:35
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6370 Mount Pleasant St. NW, North Canton, OH 44720