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380 N Ridge Road

Lorain, OH 44053

5 beds
3 baths
4,550 sqft
~6 acre lot
$58 per sqft
1978 build
– on site

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.

Listing courtesy of MLS_NOW / The Sweda Group, LLC.

Last checked: Checking… • Last updated Nov 15, 2024 •

MLS# 5084757 —

The Building

Year Built:

1978
Year Built Source:

Owner
Construction Materials:

AluminumSiding
Levels:

Two
Stories:

2
Roof:

Asphalt,Fiberglass
Basement:

false
# of Buildings:

1
Above Grade Finished Area:

4550.0
Above Grade Finished Area Source:

Assessor

Room Dimensions

Living Area:

4550.0
Living Area Units:

SquareFeet

Location

Directions:

State route 2 to Middle Ridge Road. Then north to North Ridge, west on North Ridge Road
Latitude:

41.42496703
Longitude:

-82.16894844

The Property

Parcel Number:

02-01-003-262-025
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Lot Size Acres:

6.2
Lot Size Area:

6.2
Lot Size Units:

Acres
Lot Size Source:

Owner
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$3,106

Beds

Bedrooms Total:

5

Baths

Total Baths:

3
Full Baths:

3

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/380-N-Ridge-Road-Lorain-OH-44053/unbranded

Heating & Cooling

Heating:

Electric,ForcedAir,Gas
Heating:

true
Cooling:

WallWindowUnits
Cooling:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Schools

Elementary School District:

Clearview LSD - 4704
Middle School District:

Clearview LSD - 4704
High School District:

Clearview LSD - 4704

The Community

Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

AdditionalParking,Garage

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/14/24 Nov 14, 2024	Listed / Active	MLS_NOW	$265,900

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This multifamily located in West Lorain, Lorain, OH 44053 is currently for sale for $265,900. 380 N Ridge Road is a 4,550 square foot multifamily with 5 beds and 3 baths that has been on Estately for 38 days. 380 N Ridge Road is in the West Lorain neighborhood of Lorain and has a WalkScore® of 24, making it car-dependent. This multifamily is in the attendance area of Clearview High School, Durling Middle School, and Vincent Elementary School.

Listing Courtesy of: MLS_NOW and The Sweda Group, LLC..

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.