Commercial Real Estate for Sale at 1581-1589 Coventry Road in East Cleveland, OH for $2,187,500

Listing data updated November 15, 2024 - 11:18pm
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1581-1589 Coventry Road | East Cleveland

$2,187,500 | 0.0 Sq. Ft.

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! MLSNow 5084892

Directions to property: Coventry, North of Mayfield Road, South of Superior

MLS Listing ID: 
MLSNow 5084892
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,187,500
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
East Cleveland
Address: 
1581-1589 Coventry Road, East Cleveland, OH 44118
County: 
Cuyahoga
Latitude: 
41.5162260
Longitude: 
-81.5807500
Directions: 
Coventry, North of Mayfield Road, South of Superior
Public Remarks: 
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!
Community Information
School District: 
East Cleveland CSD - 1812
Subdivision: 
Apart Rlty
Building Details
Details about the building on a property.
Year Built: 
1943
Living Area: 
0.0
Basement: 
Finished
Construction
Roof: 
Asphalt,Fiberglass,Flat,Slate
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Gas,Hot Water,Steam
Cooling System: 
None,Wall Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.42
Lot Size (Area): 
1.42
Lot Features
Parking Type: 
Outside,Paved
Total Parking Spaces: 
26
Fence: 
Chain Link,Partial
Public Record
Parcel Number: 
672-26-084
Annual Tax: 
$29,240.73
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Joseph A Zingales
Listing Co-Agent Name: 
Jose Salerno
Listing Office Name: 
Berkshire Hathaway HomeServices Professional Realt
Listing Co-Office Name: 
Berkshire Hathaway HomeServices Professional Realt

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