1608 Coventry Rd - Apartments FOR SALE


Cleveland, OH 44118
$1,417,500 USD
440-346-2031
1608 Coventry Rd, Cleveland, OH for Sale
$1,417,500 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

1608 Coventry Rd
Cleveland, OH 44118


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,417,500 USD

PRICE/SF

$51 USD /SF

# OF UNITS

21

PRICE/UNIT

$67,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Celestial II

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1948

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,499 SF

ZONING

UT-A3H2

APN/PARCEL ID

672-26-082

ASK ABOUT THIS PROPERTY

Joseph ZingalesBerkshire Hathaway Professional RealtyMore Info
440-346-2031

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Joseph ZingalesBerkshire Hathaway Professional RealtyMore Info
440-346-2031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.