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1581-1589 Coventry Rd
Cleveland, OH 44118
Celestial I · Multifamily Property For Sale · 35 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 $79,841 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

Property Taxes

Parcel Numbers
Multiple
  • 672-26-084
  • 672-26-039
Land Assessment
$60,192 CAD
Improvements Assessment
$471,364 CAD
Total Assessment
$531,556 CAD
  • Listing ID: 33885943

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 1581-1589 Coventry Rd, Cleveland, OH 44118

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