58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
58 W Orange Street
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$2,395,000

58 W Orange Street

5 Beds 5 Baths 3,969 Sq.Ft.

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.

Share Property

Location

58 W Orange Street, Chagrin Falls, OH 44022

Status

For Sale
David Ayers

David Ayers

TITLE

Managing Partner

PHONE

917.519.0622

Nick Zawitz

Nick Zawitz

TITLE

Managing Partner

PHONE

440.567.7068

Property Amenities

Interior
Total Bedrooms: 5
Half Bathrooms: 1
Full Bathrooms: 4
Area & Lot
Lot Area 0.41 Acres
Living area 3,969 Sq.Ft.
MLS® ID 5090162
Year Built 1975
School District Chagrin Falls EVSD - 1808
Type Multi-Family
Status For Sale
Exterior
Stories 3
Air conditioning Central Air
Heat type Forced Air
Water Source Public
Garage Space 4.0
Sewer Public Sewer
Parking Attached, Driveway, Garage
Roof Asphalt, Fiberglass
Finance
Sales Price $2,395,000
Real Estate Tax $8,811 yearly

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