Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1925
Sq.Footage
1,732
RARE OPPORTUNITY IN RAPIDLY GROWING CUYAHOGA FALLS / AKRON CORRIDOR! A chance to acquire a strategically positioned assemblage of a multi-unit home or single family residence, along with additional parcels at the gateway to the growing Merriman Valley, offering exceptional development, investment, & income-producing potential. Benefiting from significant public infrastructure investment, incl recently installed public water & road expansion along Portage Trl, properties are primed for development opportunities. 16+ acres avail for expanded projects w/ addtn'l adjacent land avail. Zoned R-3 w/ RM Overlay property offers flexibility for variety of residential & mixed-use concepts. Comprehensive soil testing completed by GPD w/ favorable results & valuable due diligence. Existing home offers multiple opportunities for immediate use & income generation. The home functions as a spacious single-family residence OR could be utilized as 2-unit multi-family w/ separate entrances, bathrooms, bedroom, kitchen, etc. Ideal for owner-occupant, investors, rental property , or those seeking cash flow while planning future development. Spanning nearly 3 acres, pond is approx. approx 4 ft deep, w/ max of 5 ft. This water feature creates an attractive setting but may also provide strategic advantages for development through stormwater management & run-off detention capabilities. Its prominent location creates exceptional branding, marketing, & long-term appreciation potential. Located adjacent to the transformative Merriman Valley-Schumacher Area, properties benefit from millions of dollars in planned public & private investment throughout the surrounding area. Investors, developers, & owner-occupants can establish a presence before the area's full appreciation cycle unfolds. Maps, zoning info, soil rpts, disclosures avail in supplements. Please do not walk the property without prior approval. Occupied home.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
1732.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Cedar
-
Parking
Attached, Garage, Garage Door Opener, Paved
-
Patio and Porch Features
Front Porch
-
Pool
No
-
Waterfront YN
YES
-
View
Lake, Trees/Woods, Water
Area & Lot
-
Lot Features
Back Yard, Corner Lot, Front Yard, Irregular Lot, Other, Private, See Remarks, Views, Wooded, Waterfront
-
Lot Size(acres)
16.393
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$915,000
-
Tax Amount
$7,220
-
Sq. Footage
1, 732
-
Price/SqFt
$528
HOA
-
Association
No
School District
-
Elementary School
Woodridge LSD - 7717
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Block
-
Sewer
Septic Tank
-
Water Source
Well, See Remarks
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Location
County
Summit
Elementary School
Woodridge LSD - 7717
Middle School
High School
Listing Courtesy of Jaime Prenatt , EXP Realty, LLC.
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AGENT
Gregory Sharier
Call Gregory today to schedule a private showing.
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