380 N Ridge Rd

Lorain OH 44052

4550 sq. ft.

6.2 ac.

Duplex

Currently for sale - view listing

Overview

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.

Features

5 bedrooms

3 bathrooms

4550 sq. ft. floor area

6.2 ac. lot size

Duplex

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