Bayridge Condominium
$600,000
Marginal Rd, Willowick, OH 44095
For Sale
Multifamily
Garden Low Rise
Active
Last Updated: 01/30/2026
7,200 sqft
Building Size
6
Units
Details:
Building Size: 7,200 sqft
Units: 6
Year Built: 1978
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.
Description:
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.
Immediate access to main roads: State Route 2, State Route 91, I-90 allowing for ease of transportation to all major employment centers.
Documents:
| Title | ||
|---|---|---|
| Brochure_N_Marginal_Dr.pdf | ||
| Brochure N Marginal Dr | ||
| Brochure_N_Marginal_Dr.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
