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31501 N Marginal Dr
Willowick, OH 44095
Bayridge Condominium · Multifamily Property For Sale
·
6 Units
Investment Highlights
- Tenants pay all utilities
- Stabilized portfolio with rent upside-market rents $1400-$1600 for three bedroom units
- HOA present, so minimal/low owner management duties
Executive Summary
Prime Six-Unit Multifamily Investment Opportunity – Stabilized Portfolio with Upside. This well-maintained six-unit multifamily property presents an excellent investment opportunity with stable occupancy and strong rental upside. Each spacious 3- bedroom, 1.5-bath unit offers approximately 1,200 square feet of living space, totaling 7,200 square feet across the property.
Property Facts
| Price Per Unit | $100,000 | Building Size | 7,200 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 6 | Year Built | 1978 |
| Property Type | Multifamily |
| Price Per Unit | $100,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 7,200 SF |
| No. Stories | 2 |
| Year Built | 1978 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 6 | - | 1,200 |
Property Taxes
| Parcel Number | 28-A-040-H-01-009-0 | Improvements Assessment | $26,580 |
| Land Assessment | $1,510 | Total Assessment | $28,090 |
Property Taxes
Parcel Number
28-A-040-H-01-009-0
Land Assessment
$1,510
Improvements Assessment
$26,580
Total Assessment
$28,090
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