58 W Orange Street, Chagrin Falls, Ohio, 44022

$2,195,000

Multi-family

5 ba 5 bds
Active
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.
Rooms Total : 14
Street Address: 58 W Orange Street
City: Chagrin Falls
State: Ohio
Postal Code: 44022
County: Cuyahoga
MLS Number: 5090162
Year Built: 1975
Courtesy of The Agency Cleveland Northcoast

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