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4044 Ridge RD Brooklyn, OH 44144
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Key Details
Sold Price $517,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Ridgeview Manor
MLS Listing ID 5059811
Sold Date 09/30/24
HOA Y/N No
Year Built 1952
Annual Tax Amount $6,672
Tax Year 2023
Lot Size 9,639 Sqft
Acres 0.2213
Property Description
Fully Occupied/Turnkey 6 unit brick apartment (2 bedroom/1 bath spacious well lit/comfortable units) in DESIRABLE BROOKLYN with 6 garage spaces. Quality long term tenants, long term owner, & well maintained...prefect to add to your existing portfolio or start your investment journey on a easy turnkey property that is self manage (we have professional management if desired available). Desirable City/location...No lead certification requirement and limited govt involvement in this city. Prime location near highways, shopping, entertainment & public transit. List of mechanical available, Rents have been increased but still below market rent for the area with all rents being increased to $850 per month (market rent is closer to $950 per month and rents continue to increase). 24 hours notice for all showings and pre approval/proof of funds needed texted/emailed before showings are schedules, only serious buyers please no wholesalers please. This property has been a great investment for the current owner, the building has been well maintained & is truly Trunkey from day 1, prime city/location, 100% occupied with huge rental demand & increasing rents per years, avoid the city of Cleveland lead/rental requirements with superior rents/appreciation/tenants, current tenant maintains the grounds for a discount in rent...Do not miss this opportunity. Long term tenants on voucher programs for steady rent payments. Current owner is ready to retire from investing & enjoy the fruits of his labor! Expenses available upon request.
Location
State OH
County Cuyahoga
Rooms
Basement Crawl Space, None
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Detached, Garage
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Total Parking Spaces 6
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Brooklyn Csd - 1807
Others
Tax ID 431-24-053
Financing Cash
Read Less
Bought with Christopher A Frederick • Coldwell Banker Schmidt Realty