$1,950,000

58 W Orange Street, Chagrin Falls, OH 44022

  • 5 beds |
  • 5 baths |
  • 3,969 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $491/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Incredible opportunity to own a slice of history nestled in the heart of Chagrin Falls! Located just steps from the village's vibrant dining and shopping district, this three-unit home has endless potential as a multi-family or income-producing property. Live just moments away from all the village has to offer, or enjoy the benefits of cash flow from short or long-term rentals! The entire property has undergone a complete renovation including new roof, plumbing, Pella windows, HVAC, electrical and a brand new elevator. The second floor is currently laid out as a pristine, beautifully appointed 2 bedroom home with a gorgeous, high end kitchen including an island, stainless steel appliances, and a large living area with a gas fireplace. The third floor could be used as an extension of the second floor, a short term rental, or finished out into a full apartment. It’s currently set up with three bedrooms and two bathrooms, including a phenomenal primary suite with a gas fireplace and a luxurious ensuite bath. The first floor garden level apartment is a nicely appointed one-bedroom unit with daylight windows and stylish finishes. An elevator connects the three floors for convenience and opens directly to the second and third floor units. Situated on a spacious .41 acre lot, the entire property is surrounded by trees and nature for privacy while still enjoying breathtaking views of the village and the Chagrin River! Both the second and third floor homes enjoy dedicated outdoor entertaining and dining spaces including stone patios, a terrace, and a newly-built deck. The property also has 4 garage spaces and parking to accommodate up to 9 vehicles. With over $1.8M in improvements from the current owner, the opportunities are endless for an end user or investor. Please inquire for the extensive list of property improvements.

Listing Status:
Active
Listing Office:
The Agency Cleveland Northcoast : 216-415-7080
Listing Agent:
Nick Zawitz : 440-567-7068
MLS ID:
5124122
  • A/C: Central Air
  • Heating: Forced Air
  • Parking: AttachedDrivewayGarage
  • Roofing: AsphaltFiberglass
  • General: Brick3
  • Originating MLS: NOWDD_NORM
  • School District: Chagrin Falls EVSD - 1808
  • County: Cuyahoga
  • Zoning: 20 0094 ALL 93112017931-12-016
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Nick Zawitz, The Agency Cleveland Northcoast

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chagrin Falls Intermediate Elementary School

77 E Washington St, Chagrin Falls, OH, 44022

Grades 4-6

0.34 miles away

C

Chagrin Falls Middle School

342 E Washington St, Chagrin Falls, OH, 44022

Grades 7-8

0.84 miles away

C

Chagrin Falls High School

400 E Washington St, Chagrin Falls, OH, 44022

Grades 9-12

0.83 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.