Company Logo
SIGN UP LOGIN
Virtual Tour 1

31 Total Photos [Click to View All]

4230 Ridge Road
Brooklyn, OH 44144

$1,100,000 - Status: Active
MLS# 5252771

Exceptional opportunity to acquire a multifamily investment property at 4230 Ridge Road in Brooklyn, Ohio. This 14-unit apartment all brick building offers investors an established rental property with convenient access to major highways, shopping, restaurants, and the surrounding Cleveland employment market. 8 one-bed unit and 6 two-bedroom units, 12 covered parking spaces, coin-laundry and individually metered utilities. Following a significant windstorm that caused water damage to several upper-floor units, the property was temporarily removed from the market while the damage was assessed and the necessary restoration work was completed by a reputable national contractor. Major repairs, including a completely new roof and extensive interior renovations, with affected units taken down to the studs and rebuilt. This restoration work provides buyers with an opportunity to acquire a property that has undergone significant improvements following the storm event. The property's existing multifamily layout and established rental history provide a foundation for continued operations and long-term investment potential. Investors will appreciate the opportunity to evaluate the completed improvements, current rental income, and remaining potential to enhance performance through effective property management and continued operational optimization. Conveniently located along Ridge Road in Brooklyn, the property offers access to I-480, I-71, and the greater Cleveland area. Whether expanding an existing portfolio or pursuing a multifamily investment in the Cleveland market, 4230 Ridge Road presents an opportunity to acquire an established apartment asset with significant restoration work completed.

Property Features

MLS#: 5252771
Zip: 44144
Subdivision: Ridgelawn
Development: Brooklyn
Property Type: Commercial - Business
Basement: Yes
Basement: Common Basement, Partially Finished, Walk-Up Access, Walk-Out Access
Cooling: Wall Unit(s), Wall/Window Unit(s)
Days on Site: 1
Heating: Forced Air
Lot Size: 0.33 acres
Roof Type: Flat, See Remarks
Taxes: $18,968 / year
Year Built: 1958

Feature Descriptions

Laundry: Coin-operated
Parcel#: 431-22-015
Parking: Additional Parking, Detached Carport, Detached, Garage, Guest, On Site, Parking Pad, Garage Faces Rear
Sewer: Public Sewer
Units: 14
Water: Public

Local Schools

School District: Brooklyn City

4230 Ridge Road | MLS# 5252771

This commercial property located at 4230 Ridge Road, Brooklyn, OH 44144 is currently listed for sale with an asking price of $1,100,000. Ridge Road is located within the Brooklyn City school district. Search Brooklyn real estate on www.safeharborteam.com today.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Elevate
Agency Contact: AntonioB@KW.com, 440-223-0575

Shown By

Agency Title: Eastview Investments LLC
Agency Phone: (440) 521-1447

IDX logo

Ask a Question

Ask a Question
  1. Select an Agent

Login to My Homefinder