$265,900
380 N Ridge RD Lorain, OH 44053
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$265,900
Est. payment /mo
5 Beds
3 Baths
4,550 SqFt
UPDATED:
11/14/2024 07:19 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $58
MLS Listing ID 5084757
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 4,550
Year Built 1978
Annual Tax Amount $3,106
Tax Year 2023
Lot Size 6.200 Acres
Acres 6.2
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. All three units are vacant. 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.
Location
State OH
County Lorain
Interior
Heating Electric, Forced Air, Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Additional Parking, Garage
Waterfront No
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Clearview Lsd - 4704
Others
Tax ID 02-01-003-262-025
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Diane L Price • The Sweda Group, LLC. • dianeleeprice@yahoo.com 440-654-3132
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