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.
For sale
$250,000
380 N Ridge Rd W, Lorain, OH 44053
5beds
4,550sqft
Est.:
Triplex, Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
- 272 days
- on Zillow |
- 1,011 |
- 45 |
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