After two years of renovations, New York developer Community, Preservation and Restoration (CPR) Properties has transformed an 1890s building at 3203 W. 14th St. in Tremont into some of the neighborhood’s newest, most modern apartments.

Designed with young professionals and empty-nesters in mind, the Alhambra offers one-bedroom units starting at 480 square feet for $695 a month, two-bedroom, 575-square-foot units for $850 a month, and a three-bedroom, 1,0500-square-foot unit for $1,350 a month.

“It’s very reasonable,” says Carolyn Bentley, a realtor with Howard Hanna’s Cleveland City office in Tremont, adding that some of the units have back deck areas.

Originally dubbed the Edison Building, CPR partners Noah Smith and Ted Haber bought the building in late 2014 with plans to update and upgrade the apartments and common areas.

The owners ultimately chose to stick with the building’s original name, the Alhambra, after an historic palace and fortress in Spain. Fourteen of the 35 units have been remodeled and will be available for occupancy on Wednesday, Feb. 1.

The building was fully occupied when CPR took ownership, so the company moved some tenants to 17 other units during the remodel. “When they bought the place, they did not displace any current residents,” explains Bentley.

When Smith and Haber took possession of the Alhambra, they realized there was quite a bit of repair work to be done. The apartments now have all new electrical systems and plumbing. The refinished walls are painted in neutral colors and are adorned with foot-high baseboard molding.

The owners were able to keep the original hardwood flooring and other features, Bentley says. “They did it with a lot of character,” she explains. “They kept some of the original woodwork and it’s an open feeling with tall ceilings. They did a really good job of keeping the character that was there.”

Bentley describes the kitchens and bathrooms as “clean, simple and modern,” with stainless appliances and tile. The result is a combination of modern decor with an historical feel. “It has the overall look and feel of the original building,” she says.

While the Alhambra may be an historic building, CPR has installed some 21^st Century technology. The exterior locks to the building’s main entry are controlled by the residents’ smart phones. Visitors simply buzz tenants to let them know they are outside, and tenants grant access via their phones.

The shared laundry area in the basement is also smart phone-equipped, allowing users to pay for their loads and receive alerts when a washer or dryer is free or when their loads are done.

While the apartments themselves are finished in neutral colors, the foyer and entryway, including the large front door, are full of color, Bentley says, and the developers took great care to preserve the original interior staircase’s intricate woodwork. “The developers had a lot of fun with color and the high-end workmanship,” Bentley says, noting the red entry door and green tinted glass tile.

Situated on a hill, the Alhambra offers spectacular views of downtown, the Steelyards and Tremont itself. Furthermore, the accessibility appeals to both baby boomers and young professionals, says Bentley.

“Tremont is an amazing place to be living right now. It’s a walkable neighborhood. You have Steelyard Commons with places like Target, then in the opposite direction you have [independent businesses] like A Cookie and a Cupcake. And you’re a short Uber ride into downtown.”

Bentley held an open house last Thursday, Jan. 5, and reports that the Alhambra has already gained a lot of interest.