Active

58 W Orange Street

Chagrin Falls OH, 44022

$2,395,000


$603.43 per sqft

Active

5 Beds

5 Baths

3,969 sqft

Multi-family

Built in 1975

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.

5090162

MLS ID

December 16, 2024

Listed

December 17, 2024

Updated

Map

58 W Orange Street
Chagrin Falls OH, 44022

Interior Features

Total Stories

3


Bedrooms

5


Total Bathrooms

5


Full Bathrooms

4


Half Bathrooms

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.41 Acres


Roof

Asphalt, Fiberglass


Sewer

Public Sewer

School Information

School District

Chagrin Falls EVSD - 1808

Other Property Details

Taxes

$8,811


Tax Frequency

Annually


Days on Market

1


Garage

Yes


Garage Spaces

4


Parking

Attached, Driveway, Garage


View

No


County

Cuyahoga


Municipality

Chagrin Falls Village


Water Source

Public


Pool

No

 

Courtesy of The Agency Cleveland Northcoast

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristine McGee shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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