Bayridge Condominium

Marginal Rd, Willowick, OH 44095

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 7,200 SF
  • Units 6
  • Property Tenancy Multi-Tenant
  • Year Built 1978
  • Date Updated Feb 19, 2025
Immediate access to main roads: State Route 2, State Route 91, I-90 allowing for ease of transportation to all major employment centers.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.
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Highlights

  • Tenant-Paid Utilities: All utilities are separately metered, reducing owner expenses.
  • Low Management Responsibilities: An established HOA handles exterior maintenance, minimizing ownership duties.
  • Recent Capital Improvements: New hot water tanks, dishwashers, and HVAC provide operational efficiency and reduced maintenance costs.
  • Strong Rent Potential: Market rents range from $1,400 - $1,600 per unit, presenting an opportunity for income growth.
  • Proven Occupancy History: A track record of high occupancy ensures continued investment stability.
  • Prime Location: Conveniently located near Lake Erie and Lake County MetroParks, offering desirable amenities for tenants.
  • Excellent Connectivity: Immediate access to State Route 2, State Route 91, and I-90, allowing for easy commutes to major employment hubs.
  • Built in 1978 | Delivered Point-of-Sale Compliant.

Contacts

broker
David Mussari

Professional Realty

Location

Getting Around

  • Walk Score ®

    29/100 Car-Dependent

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Willowick, OH
  • Zip Code 44095
  • Market Cleveland Akron

Points of Interest

  • Lake Shore Live Steamers

    6.50 miles

  • Stokes-Windermere Station

    9.41 miles

  • BP

    0.26 miles

  • Sunoco

    0.31 miles

  • Clark

    0.71 miles

  • Speedway

    0.86 miles

  • Speedy Gas

    1.04 miles

  • GetGo

    1.19 miles

  • Marathon

    1.20 miles

  • Leviton

    1.81 miles

  • ChargePoint

    6.03 miles

  • Tesla Destination Charger

    6.03 miles

  • Horse Trailer Parking

    4.44 miles

  • P1

    4.49 miles

  • P2

    4.54 miles

  • P3

    4.54 miles

  • P4

    4.60 miles

  • P5

    4.65 miles

  • P7

    4.71 miles

  • P6

    4.73 miles

  • P8

    4.75 miles

  • P9

    4.79 miles

  • Four Points

    1.19 miles

  • Courtyard

    1.76 miles

  • Quality Inn Wickliffe

    2.43 miles

  • Econo Lodge Wickliffe - Cleveland East

    2.43 miles

  • Homestead House Bed & Breakfast

    2.69 miles

  • Fairbridge Hotel

    2.93 miles

  • Mentor Home Inn & Suites

    4.32 miles

  • Red Roof Inn

    4.34 miles

  • Super 8 by Wyndham Mentor/Cleveland Area

    4.63 miles

  • Holiday Inn

    4.78 miles

  • Revolution Pizza

    0.32 miles

  • Ela's Caribbean Grill

    0.44 miles

  • Giovanni's Pizza & Pub

    0.45 miles

  • Willowick Restaurant & Lounge

    0.46 miles

  • Dino's Restaurant

    0.50 miles

  • Giuseppe's Pizza & Subs

    0.52 miles

  • Issho Ni Ramen

    0.67 miles

  • PH8 Restaurant & Lounge

    0.67 miles

  • The Toss Up

    0.68 miles

  • KFC

    0.72 miles

  • Willoughby Montessori Dayschool

    1.22 miles

  • Longfellow Elementary School

    1.73 miles

  • South High School

    1.75 miles

  • Saint Stephen Byzantine School

    1.80 miles

  • Willoughby Middle School

    1.85 miles

  • North High School

    1.88 miles

  • Northern Career Institute - Eastlake Campus

    1.90 miles

  • Borromeo Seminary

    2.44 miles

  • Ss. Robert & William Catholic School

    2.47 miles

  • Shoreview Elementary School

    2.64 miles

  • Early Steps Learning Center

    0.70 miles

  • Early Childhood Options

    3.05 miles

  • Mini Miracles Learning Academy

    3.58 miles

  • Mini Miracles Too Learning Academy

    3.60 miles

  • K&M Childcare

    3.62 miles

  • Child Development Center

    4.41 miles

  • Mike's Market

    5.09 miles

  • Building Blocks Academy

    5.44 miles

  • Kidtopia

    5.61 miles

  • Play Academy

    5.66 miles

Frequently Asked Questions

How much does Bayridge Condominium cost?

The sale price for Bayridge Condominium is available upon request. Contact the listing broker for more information.

What is the total square footage of Bayridge Condominium?

Bayridge Condominium totals 7,200 square feet.

When was this property built?

Bayridge Condominium was built in 1978.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
David Mussari

Professional Realty

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