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1560 Wagar Rd

Rocky River OH 44116

8
4
4
0.34 ac.
Duplex
Currently for sale - view listing

Overview

Charming 4-Unit Investment Opportunity in Rocky River, Ohio Welcome to a fantastic multi-family investment in one of Northeast Ohio's most desirable suburban communities. This well maintained 4-unit apartment complex is perfectly situated near vibrant local amenities, strong schools, and easy access to major employment centers and I-90. Each of the four units offers: 2 bedrooms, 1 bathroom; spacious living areas and functional kitchens with in-unit laundry. Whether you're expanding your investment portfolio or looking for a stable cash-flow property, this 4-plex presents a solid opportunity with turnkey potential. Rocky River is a charming, affluent suburb located along the shores of Lake Erie, just west of Cleveland, known for its excellent public schools, welcoming and walkable neighborhoods and close proximity to beautiful riverfront parks, shopping, dining and cultural attractions. Beyond its current income stream, this property presents a compelling value-add or redevelopment opportunity. Preliminary concepts indicate the site may support up to 25 apartment units (approximately 20 two-bedroom units and 5 one-bedroom units).

Features

8 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
0.34 ac. lot size
Duplex

Property history for 1560 Wagar Rd

2023
Sold
$635,000
08 Nov 2023 by Wendy Dickson, of Keller Williams Greater Metrop
2018
Sold
$337,500
03 Jul 2018

Happy sellers in Rocky River

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Local market activity for 8 bedroom duplexes in Rocky River

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