5991 Ridge RoadParma, OH 44129

5991 Ridge RoadParma, OH 44129

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$269,900 Active
Multi Unit - Multiple MLS 5204163 New to the Market
4 beds 2 full baths 2,240 sqft

Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: brian@thesalemteam.com, 216-244-2549

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This well-maintained all-brick two-story duplex in Parma presents an excellent opportunity for both owner-occupants and investors. Each unit offers 2 bedrooms, 1 full bathroom, and over 1100 square feet of living space. The upper unit is currently tenant-occupied, while the lower unit is vacant and ready for immediate occupancy. The first floor unit has hardwood flooring through the family room, dining room, bedroom. The kitchen has been refreshed with a newer faucet, backsplash, and vinyl plank flooring. It also has a large bedroom with built-in storage for convenience and a built-in lit make-up mirror to make getting ready easy. The second bedroom has a private entrance to the back porch. Each unit includes appliances that are there to stay and a private covered rear porch/balcony. Additional features include a detached two-car garage, shared basement with a cedar closet, two designated storage lockers, and two laundry hookups. Major mechanicals, including furnace, AC, and hot water tanks, have been replaced within the past 10 years. Units have been freshly painted between tenants. Conveniently located near transportation, shopping, and local amenities, this property offers solid rental income potential in a desirable area. Come see today!

5991 Ridge Road | MLS# 5204163

This multi-family property located at 5991 Ridge Road, Parma, OH 44129 is currently listed for sale with an asking price of $269,900. Ridge Road is located within the Parma City school district. Search Parma real estate on 448ereservedrive.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Days on Market: 2
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.16 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,883 / year
Year Built: 1953

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator
Exterior: Brick
Fencing: Chain Link, Full
Laundry: In Basement
Parcel#: 448-04-013
Parking: Detached, Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Parma City

Demographics

Cuyahoga County Demographic Information for 5991 Ridge Road, Parma, OH 44129
Fips
Fips Code 39035
Population
2020 to 2025 Change down 2.5%
2010 Count 1,280,122
2020 Count 1,264,817
2025 Estimate (V2025) 1,232,925
2020 Estimate (V2025) 1,264,775
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.1%
18 to 64 54.2%
65 and Older 20.5%
Gender
Male 48.0%
Female 52.0%
Place of Birth
Foreign 7.7%
US 92.3%
Education
High School Graduate, Age 25+ 91.5%
Bachelor's Degree or Higher, Age 25+ 36.5%
Computer and Internet use
Households with a computer 94.0%
Households with a broadband Internet subscription 89.5%
Language
English is Second Language, Age 5+ 12.3%
English is First Language, Age 5+ 87.7%
Veterans
Veterans 54,264
Income
Per Capita Income $42,747
Median Household Income $64,468
People in Poverty 14.9%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 615,116
Households 554,551
Average Household Size 2.20
Owner-Occupied 59.4%
Multi-Family 34.9%
Owner-Occupied Median Value $195,400
Median selected monthly owner costs -with a mortgage $1,570
Median selected monthly owner costs -without a mortgage $671
Median gross rent $1,060
Building Permits
New Private Housing Issued 2024 1,685
Years at Residence
1 Year or More 86.7%
Less Than 1 Year 13.3%
Business and Employment
Private non-farm Establishments 31,496
Private non-farm Employment 681,543
Private non-farm Employment Growth up 0.7%
Nonemployer Establishments 110,977
Number of Firms 23,160
Business Production
Value of Shipments $23,225,392,000
Wholesale Trade $24,854,217,000
Retail Trade $16,920,714,000
Retail Sales Per Capita $11,914
Accommodation and Food Services $3,332,698,000
Land
Land Area 457.19 sq. miles
Population Per Square Mile 2,800

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,774.17 per month $1,371.87 Principal & Interest $323.58 Property Tax $78.72 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage