Commercial Real Estate for Sale at 2189 Glenmount Avenue in Coventry, OH for $1,500,000

Listing data last changed 3/21/2025
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2189 Glenmount Avenue | Coventry

$1,500,000 | 0.0 Sq. Ft.

Discover a prime investment opportunity at 2189-2211 Glenmount Avenue, Akron, Ohio. This fully occupied multi-family property offers a fantastic income stream in a desirable location, close to the beautiful Portage Lakes. This property features three well-maintained and fully updated renovated buildings, each housing four spacious and modern lofted one-bedroom townhome units. Enjoy immediate cash flow with all 12 units currently occupied by a master lease with a personal guarantee Each unit generates a reliable $1,300 per month, providing excellent returns. An expansive 2-bay garage is currently utilized as a weight room, generating an additional $500 per month. This space offers flexible potential for various uses Each unit provides the convenience of in unit laundry, a very strong amenity. A large, paved parking lot provides space for approximately 20 vehicles, ensuring convenient parking for residents and guests. Residents benefit from the property's close proximity to downtown Akron, the University, local hospitals, Firestone and Goodyear Headquarters and the popular Portage Lakes area, offering recreational opportunities, scenic views, and a desirable lifestyle. This property presents a solid investment opportunity with a proven track record of consistent rental income. Its desirable location, modern amenities, and fully occupied status make it a highly attractive addition to any real estate portfolio.\r\nDon't miss out on this chance to acquire a lucrative multi-family property in a thriving PLX neighborhood! MLSNow 5108455

Directions to property: 224 to S main, stay straight on Schwartz, take left on Glenmount

MLS Listing ID: 
MLSNow 5108455
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: 
$1,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Coventry
Address: 
2189 Glenmount Avenue, Coventry, OH 44319
County: 
Summit
Latitude: 
41.0218330
Longitude: 
-81.5155540
Directions: 
224 to S main, stay straight on Schwartz, take left on Glenmount
Public Remarks: 
Discover a prime investment opportunity at 2189-2211 Glenmount Avenue, Akron, Ohio. This fully occupied multi-family property offers a fantastic income stream in a desirable location, close to the beautiful Portage Lakes. This property features three well-maintained and fully updated renovated buildings, each housing four spacious and modern lofted one-bedroom townhome units. Enjoy immediate cash flow with all 12 units currently occupied by a master lease with a personal guarantee Each unit generates a reliable $1,300 per month, providing excellent returns. An expansive 2-bay garage is currently utilized as a weight room, generating an additional $500 per month. This space offers flexible potential for various uses Each unit provides the convenience of in unit laundry, a very strong amenity. A large, paved parking lot provides space for approximately 20 vehicles, ensuring convenient parking for residents and guests. Residents benefit from the property's close proximity to downtown Akron, the University, local hospitals, Firestone and Goodyear Headquarters and the popular Portage Lakes area, offering recreational opportunities, scenic views, and a desirable lifestyle. This property presents a solid investment opportunity with a proven track record of consistent rental income. Its desirable location, modern amenities, and fully occupied status make it a highly attractive addition to any real estate portfolio.\r\nDon't miss out on this chance to acquire a lucrative multi-family property in a thriving PLX neighborhood!
Community Information
School District: 
Coventry LSD - 7704
Subdivision: 
Coventry
Building Details
Details about the building on a property.
Year Built: 
1979
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Asphalt,Fiberglass
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: 
Other,Radiant
Cooling System: 
Window Unit(s)
Water Source: 
Well
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.97
Lot Size (Area): 
0.97
Lot Features
Parking Type: 
Additional Parking,Asphalt,Lighted,On Site,Parking Lot
Total Parking Spaces: 
20
Public Record
Parcel Number: 
1907559
Annual Tax: 
$18,090.00
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: 
James Haddox
Listing Office Name: 
Richfield Realty Group LLC

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