About This Home

This 0-bedroom, 0-bathroom commercial at 3016 S Moreland Boulevard in Shaker Heights, OH is listed for $1,325,000. Built in 1938, on a 0.58 acres lot.

Key Features

  • Built in 1938
  • 0.58 acre lot
  • 3 stories
  • 20 parking spaces

Property Details

3 stories
20 spaces
1938
Listing Description

Fantastic opportunity in Historic Shaker Square! Welcome to this 28-unit solid brick construction with many updates! Newer boiler within last 2 years, freshly painted and very well maintained. Currently with an on-site manager who may be willing to stay after title transfer.

3016 South Moreland offers 28 spacious 1 bedroom 1 bath units with open floor plans! 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! The building is Lead Certified.

Monthly Cost Estimate

$7,086/mo

20% down · 6.5% · 30 years

Principal$958
Interest$5,742
Insurance$386

Estimates only. Actual payments may vary.

Location

3016 S Moreland Boulevard

Shaker Heights, OH 44120

Vansweringen

Property Details

Parking

Covered

Heating

Hot Water(Heating)Steam

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3016 S Moreland Boulevard is listed at $1,325,000. The estimated monthly payment is $7,086 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.58 acre lot, 3 stories, 20 parking spaces.

This property is listed by Joseph A Zingales.

JZ

Joseph A Zingales

License 2013000048

Agent at Berkshire Hathaway HomeServices Professional Realty

Listed by Berkshire Hathaway HomeServices Professional Realty · Broker phone: (800) 840-8025 · Broker website

MLS# 5084894· Source: MLS Now· 712 days on PropertySimple

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3016 S Moreland Boulevard, Shaker Heights, OH 44120

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