4101-5753 Ridge Road Cleveland, OH $ 6,500,000
4101-5753 Ridge Road
$ 6,500,000
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4101-5753 Ridge Road

Cleveland, OH, 44144
$ 6,500,000
Baths0.0

Monthly Estimate*

$ 45,404

4101-5753 Ridge Road, Cleveland, OH 44144 - Image 1
4101-5753 Ridge Road, Cleveland, OH 44144 - Image 2
4101-5753 Ridge Road, Cleveland, OH 44144 - Image 3
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4101-5753 Ridge Road, Cleveland, OH 44144 - Image 5
4101-5753 Ridge Road, Cleveland, OH 44144 - Image 6
Studio

Commercial Property for sale in Cleveland, OH

for $6,500,000. The lot size is 5.

Very rare 59 unit portfolio on Ridge Rd. All buildings are professionally managed, fully stabilized, renovated and producing cash flow. Portfolio consists of 8 total buildings. Four buildings in Cleveland, two buildings in Brooklyn & two buildings in Parma. Email Agent for video tour, drone footage, rent roll, investment analysis, building specs & much more. Professional property management available. Agent owned. Local & out of state investors welcome.

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Commercial Active

Price

$ 6,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 84,311

Style

Lot Size

5

Town/City

Cleveland

County/Region

Cuyahoga

MLS | Web ID

5035862

Features
General
Heating Gas
Possession DeliveryOfDeed
Township Cleveland
Property SubType Apartment
Tax Year 2023
County Cuyahoga
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions On Ridge Rd spanning from the Ridge & Memphis area to the Ridge & Day Drive area.
City Cleveland
Disclosures OwnerIsListingAgent PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Waterfront Y/N N
Carport Y/N N
Street Name Ridge
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 84311.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Property Sub Type Additional Apartment
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Exterior
Lot Size Area 5.0
Spa N
Lot Size Acres 5.0
Lot Size Units Acres
Lot Size Source Owner
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
Living Area Units SquareFeet
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Internal Only
Street Number 1 4101
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* Excluded Features
List By
James P Wise

Listing Agent

The Holton-Wise Property Group Llc

Broker

JamesWise@HoltonWise.com

Email

Affordability Calculator

$52,430
Per Month
87%
13%
0%
Monthly Principal & Interest
$45,404
Monthly Property Taxes
$7,026
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2024$6,500,000 Listed Price

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4101-5753 Ridge Road, Cleveland, OH, 44144 is a Commercial Property for sale at $6,500,000 with a lot size of 5. 4101-5753 Ridge Road is a studio with 0.0 baths. The property's zip code is 44144 which is in Cleveland, OH