1560 Wagar, Rocky River, OH 44116
- $749,900
- 8
- BD
- 4
- BA
- List Price
- $749,900
- Status
- ACTIVE UNDER CONTRACT
- Stories
- 2
- MLS#
- 5209814
- Year Built
- 1956
- Bedrooms
- 8
- Bathrooms
- 4
- Region
- Rocky River
- Township
- Rocky River
Property Description
Charming 4-Unit Investment Opportunity in Rocky River, Ohio Welcome to a fantastic multi-family investment in one of Northeast Ohio's most desirable suburban communities. This well maintained 4-unit apartment complex is perfectly situated near vibrant local amenities, strong schools, and easy access to major employment centers and I-90. Each of the four units offers: 2 bedrooms, 1 bathroom; spacious living areas and functional kitchens with in-unit laundry. Whether you're expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. Rocky River is a charming, affluent suburb located along the shores of Lake Erie, just west of Cleveland, known for its excellent public schools, welcoming and walkable neighborhoods and close proximity to beautiful riverfront parks, shopping, dining and cultural attractions. Beyond its current income stream, this property presents a compelling value-add or redevelopment opportunity. Preliminary concepts indicate the site may support up to 25 apartment units (approximately 20 two-bedroom units and 5 one-bedroom units).
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Additional Information
- Taxes
- $13,168
- Acres
- 0.34
- Sewer
- Public Sewer
- Roof
- Asphalt, Fiberglass
- Water
- Public
- Garage Spaces
- 4
- Heating
- Forced Air, Gas
- Cooling
- Wall Unit(s)
- School District
- Rocky River CSD - 1826
Mortgage Calculator
Listing Courtesy of: Lisa A Mazzola, lmazzolac21@gmail.com With Century 21 Wilbur Realty
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