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Chagrin Falls,OH 44022
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,969 sqft
Price per Sqft $603
Subdivision Graves Allotment
MLS Listing ID 5090162
Bedrooms 5
Full Baths 4
Half Baths 1
HOA Y/N No
Abv Grd Liv Area 3,969
Year Built 1975
Annual Tax Amount $8,811
Tax Year 2023
Lot Size 0.412 Acres
Acres 0.4116
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 or see supplements for the extensive list of property improvements.
Location
State OH
County Cuyahoga
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Attached,Driveway,Garage
Garage Spaces 4.0
Garage Description 4.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Chagrin Falls Evsd - 1808
Others
Tax ID 931-12-016
Special Listing Condition Standard