58 W Orange Street, Chagrin Falls, OH 44022
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:nick zawitz
Office:the agency cleveland northcoast
MLS#:5124122
Source:OH_NORMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$491.31
About this home
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.
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Home facts
- Year built:1975
- Listing ID #:5124122
- Added:287 day(s) ago
- Updated:September 30, 2025 at 02:14 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Living area:3,969 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1975
- Building area:3,969 sq. ft.
- Lot area:0.41 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$491.31
- Tax amount:$11,932 (2024)
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