Residential in Cuyahoga Falls

$915,000

532 Portage Trail, 44223, Cuyahoga Falls, OH

Residential for sale in Cuyahoga Falls, 532 Portage Trail, 44223, 1732 m²

532 Portage Trail, 44223, Cuyahoga Falls, OH

$915,000

3Bed
2Bath
1732
Type: Residential

Description

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.

Location

532 Portage Trail, 44223, Cuyahoga Falls, OH

Data

Object TypeResidential
Purchase Price$915,000
Living Space1732 m²
Plot Size66340.18 m²
Bathrooms2
Construction Year1925
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Gas
Primary Energy SourceN/A
Construction Year1925
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent