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532 Portage Trail W, Cuyahoga Falls, OH 44223 | MLS ID 5218078 - Hardcastle Realty
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$915,000

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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.

Information
Address:
 <map>
532 Portage Trail W
Cuyahoga Falls, OH 44223
Bedrooms:  3
Bathrooms:  2 full
Square Feet:  1732
Type:  Ranch
Subdivision:  Northampton
Area/School Dist:  Cuyahoga Falls
MLS ID:  5218078
Status:  Active



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Features
Garage: 2 car attached
Taxes: $7,220 / year
Basement: Yes
Roof Type: Asphalt,Fiberglass
Exterior: Cedar
Lot Size: 16.39 Acres
Heating: Forced Air,Gas
Cooling: Central Air
Year Built: 1925
Fireplaces: 1
Water: See Remarks,Well
Sewer: Septic Tank
Stories: 1.0
Basement: Apartment,Full,Finished,Walk-Out Access
Accessibility: None
Laundry: In Basement
Lot Description: Additional Land Available,Back Yard,Corner Lot,Front Yard,Irregular Lot,Lake Front,Other,Private,Pond on Lot,See Remarks,Views,Wooded,Waterfront
Parking: Attached,Garage,Garage Door Opener,Paved
Parcel#: 3502204
Patio/Porch: Front Porch
Water Features: Lake Front,Lake Privileges,Waterfront
View: Lake,Trees/Woods,Water


School Information
School District: Woodridge Local


Mortgage Information


Home Price:
Down Payment: , or
%
Loan Term: months, or
years.
Interest Rate: %
Estimated Monthly Payment (prin & int):

Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone:

Listed By
   EXP Realty, LLC.
  Agency Phone: 866-212-4991

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