Celestial II | 1608 Coventry Rd
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Celestial II 1608 Coventry Rd
21 Unit Apartment Building $1,417,500 ($67,500/Unit) Cleveland, OH 44118
Executive Summary
Fantastic opportunity! Welcome to this all-brick building featuring 21 Apartments! All of the units offer 2 bedrooms and 1
bath! The owner Pays for Heat, Sewer, and Water. Tenants Pay for Cooking Gas and electricity. 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!
bath! The owner Pays for Heat, Sewer, and Water. Tenants Pay for Cooking Gas and electricity. 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 | $1,417,500 | Building Class | C |
| Price Per Unit | $67,500 | Lot Size | 0.63 AC |
| Sale Type | Investment | Building Size | 27,541 SF |
| No. Units | 21 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1948 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,417,500 |
| Price Per Unit | $67,500 |
| Sale Type | Investment |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.63 AC |
| Building Size | 27,541 SF |
| No. Stories | 3 |
| Year Built | 1948 |
| Parking Ratio | 1.2/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 21 | - | - |
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PROPERTY TAXES
| Parcel Number | 672-26-082 | Improvements Assessment | $119,280 |
| Land Assessment | $28,490 | Total Assessment | $147,770 |
PROPERTY TAXES
Parcel Number
672-26-082
Land Assessment
$28,490
Improvements Assessment
$119,280
Total Assessment
$147,770
zoning
| Zoning Code | UT-A3H2 |
| UT-A3H2 |
-
Joseph Zingales -
Berkshire Hathaway Professional Realty
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Celestial II | 1608 Coventry Rd
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