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About This Home

This 3-bedroom, 2-bathroom single family at 532 Portage Trail W in Cuyahoga Falls, OH is listed for $915,000 ($528 per sqft). Built in 1925, the home offers 1,732 sqft of living space on a 16.39 acres lot.

Agent 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.

Key Features

  • Built in 1925
  • 16.39 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
1925

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$4,894/mo

20% down · 6.5% · 30 years

Principal$662
Interest$3,965
Insurance$267

Estimates only. Actual payments may vary.

Location

532 Portage Trail W

Cuyahoga Falls, OH 44223

Northampton

Property Details

Construction

Cedar

Views

WaterLake

Pool Features

Porch

Parking

GarageOpen

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 532 Portage Trail W is listed at $915,000 ($528/sqft). The estimated monthly payment is $3,965 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 16.39 acre lot, Fireplace, Waterfront.

This property is listed by Jaime Prenatt and can be reached at 3305712356 or agentprenatt@gmail.com.

JP

Jaime Prenatt

Agent at EXP Realty, LLC.

(330) 571-2356

Listed by EXP Realty, LLC. · View on Broker Site

MLS# 5218078· Source: listhub· Updated 8 days ago

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532 Portage Trail W, Cuyahoga Falls, OH 44223

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