Commercial Real Estate for Sale at 1560 Wagar Road in Rocky River, OH for $749,900

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1560 Wagar Road | Rocky River

$749,900 | 0.0 Sq. Ft.

Charming 4-Unit Investment Opportunity in Rocky River, Ohio\r\n\r\nWelcome to a fantastic multi-family investment in one of Northeast Ohio\u0027s 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\u0027re expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. \r\n\r\nRocky 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.\r\n\r\nBeyond 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). MLSNow 5194325 Directions to property: Between Westway Dr and Detroit Rd across from Rocky River High School

MLS Listing ID: 
MLSNow 5194325
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$749,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Rocky River
Address: 
1560 Wagar Road, Rocky River, OH 44116
County: 
Cuyahoga
Latitude: 
41.4729000
Longitude: 
-81.8528500
Directions: 
Between Westway Dr and Detroit Rd across from Rocky River High School
Public Remarks: 
Charming 4-Unit Investment Opportunity in Rocky River, Ohio\r\n\r\nWelcome to a fantastic multi-family investment in one of Northeast Ohio\u0027s 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\u0027re expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. \r\n\r\nRocky 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.\r\n\r\nBeyond 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).
Community Information
School District: 
Rocky River CSD - 1826
Building Details
Details about the building on a property.
Year Built: 
1956
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Composition
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
Wall/Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.34
Lot Size (Area): 
0.34
Lot Features
Parking Type: 
Additional Parking,Asphalt,Driveway,Detached,Garage,Garage Door Opener,Off Street
Total Parking Spaces: 
6
Fence: 
None
Public Record
Parcel Number: 
303-01-011
Annual Tax: 
$13,168.36
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Century 21 Wilbur Realty

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