Kate Darrah
REALTOR®
MLS#5194325
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLRocky River City
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).
Property Features
Property Type: Commercial - Business
Basement: None
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.34 Acres
Roof Type: Composition
Taxes: $13,168 / year
Year Built: 1956
Feature Descriptions
Building Features: Not Applicable
Days on Site: 1
Fencing: None
Parcel#: 303-01-011
Parking: Additional Parking, Asphalt, Driveway, Detached, Garage, Garage Door Opener, Off Street
Sewer: Public Sewer
Water: Public
Local Schools
School District: Rocky River City
Listed By / Shown By
Listed By
Agency Name: Century 21 Wilbur Realty
Agency Contact: lmazzolac21@gmail.com, 216-323-7071
Shown By
Agent Name: Kate Darrah
Agent Phone: (330) 354-7419
Agency Title: DeHOFF REALTORS
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1560 Wagar Road | MLS# 5194325
This commercial property located at 1560 Wagar Road, Rocky River, OH 44116 is currently listed for sale with an asking price of $749,900. Wagar Road is located within the Rocky River City school district. Search Rocky River real estate on kdarrah.dehoff.com today.