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    4339 Ridge Rd Brooklyn, OH 44144

    Sponsored
    For Sale
    $949,900

    11-Unit Multifamily, Fully Occupied

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 11-unit apartment building, located at 4339 Ridge Road in Brooklyn, Ohio, presents a lucrative investment opportunity. Situated on a 0.25-acre lot, the property boasts a fully occupied tenant roster, comprised of a mix of Section 8 and cash-paying tenants, ensuring consistent rental income. The building has undergone a complete renovation, maximizing its efficiency and appeal. This translates to a strong, reliable cash flow, making it an ideal acquisition for both local and out-of-state investors seeking a stable, high-return investment. The property's location in Brooklyn, Ohio, conveniently avoids the complexities of Cleveland's recent lead certification regulations. Detailed financial information, including a comprehensive rent roll, is available upon request. A virtual tour showcasing the property's renovated condition is also accessible. Furthermore, information regarding the building's mechanical systems is readily provided to facilitate a thorough due diligence process. This turnkey investment property offers a rare opportunity to acquire a fully renovated, income-generating asset in a desirable location. Don't miss this chance to add a high-performing multifamily property to your portfolio. Contact us today to schedule a viewing and obtain the complete financial package. The asking price for this exceptional investment is $949,900.

    Property Features for 4339 Ridge Rd

    General Information

    Property type
    Residential income properties
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1958
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.73499
    Latitude
    41.43845

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    FAQs

    What type of property is this?
    Residential income property - 11-Unit Multifamily, Fully Occupied
    Where is this residential income property located?
    The property is located at 4339 Ridge Rd Brooklyn, OH.
    What is the asking price?
    The asking price for this property is $949,900.
    (216) 661-6633
    Request Owner's contact information
    4339 Ridge Rd Brooklyn, OH 44144
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    Brooklyn, OH 44144
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4339 Ridge Rd Brooklyn, OH 44144
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