Celestial I | 1581-1589 Coventry Rd
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Celestial I 1581-1589 Coventry Rd
35 Unit Apartment Building $2,187,500 ($62,500/Unit) Cleveland, OH 44118
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!
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 | $2,187,500 | Building Class | C |
| Price Per Unit | $62,500 | Lot Size | 1.42 AC |
| Sale Type | Investment | Building Size | 35,776 SF |
| No. Units | 35 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1943 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Mid Rise |
| Price | $2,187,500 |
| Price Per Unit | $62,500 |
| 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 |
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 | - | - |
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Walk Score ®
Very Walkable (70)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $207,030 | |
| Land Assessment | $48,480 | Total Assessment | $255,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$48,480
Improvements Assessment
$207,030
Total Assessment
$255,500
zoning
| Zoning Code | Residential |
| Residential |
-
Joseph Zingales -
Berkshire Hathaway Professional Realty
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Celestial I | 1581-1589 Coventry Rd
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