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1581-1589 Coventry Rd
Cleveland, OH 44118
Celestial I · Multifamily Property For Sale
·
35 Units
Investment Highlights
- Asset is fully occupied and positioned for immediate returns.
- Unit mix includes 23 one-bedroom units and 12 two-bedroom units.
Executive Summary
Fantastic opportunity! Welcome to this all-brick building featuring 35 Apartments! 23 units offer 1 bedroom and 1 bath and 12 units offer 2 bedrooms and 1 bath! This building and property are well maintained. The current manager may be willing to stay after the title transfer. This turn-key building is currently fully occupied and offers immediate returns with the potential to increase rents in the future. This is a great opportunity for investors. As you view this building, you'll love its beautiful architecture and exemplary charm!
Property Facts
| Price Per Unit | $81,014 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.42 AC |
| No. Units | 35 | Building Size | 35,776 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1943 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.73/1,000 SF |
| Zoning | Residential | ||
| Price Per Unit | $81,014 CAD |
| Sale Type | Investment |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.42 AC |
| Building Size | 35,776 SF |
| No. Stories | 4 |
| Year Built | 1943 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | Residential |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | - |
| 2+1 | 12 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $480,250 CAD | |
| Land Assessment | $61,326 CAD | Total Assessment | $541,577 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$61,326 CAD
Improvements Assessment
$480,250 CAD
Total Assessment
$541,577 CAD
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