6 Beds
6 Baths
4,386 sqft
$560,000
6118 Ridge Road, Parma OH, 44129
Price per sqft$127.68
Built in1945
Property size4,386 sqft
Property typeMulti-family
Overview
Pending
Listed May 1, 2026
Updated Jun 8
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.
$3,726/mo
Est. mortgage payment based on a $560,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5206072
Interior Features
- Bedrooms
- 6
- Bathrooms
- 6
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.18 Acres
Other Property Details
- Taxes
- $8,516
- Tax Frequency
- Annually
Courtesy of Century 21 Homestar
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Chehade Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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