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$250,000

Est. payment - /mo

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5 Beds

3 Baths

4,550 SqFt

Pending

380 N Ridge RD Lorain, OH 44053

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David Frye

david.frye@exprealty.com +1(330) 402-1347

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $54

MLS Listing ID 5084757

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 4,550

Total Fin. Sqft 4550

Year Built 1978

Annual Tax Amount $3,106

Tax Year 2023

Lot Size 6.200 Acres

Acres 6.2

Property Sub-Type Triplex

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

Parking Features Additional Parking, Garage

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Garage false

Private Pool No

Building

Entry Level Two

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

Listed by Diane L Price • The Sweda Group, LLC. • dianeleeprice@yahoo.com 440-654-3132

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David Frye

SAL.2020009032

+1(330) 402-1347