45
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$1,325,000
Est. payment /mo
0.58 Acres Lot
Price Dropped by $250K
3016 S Moreland BLVD Shaker Heights, OH 44120
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Vansweringen
MLS Listing ID 5084894
HOA Y/N No
Year Built 1938
Annual Tax Amount $32,163
Tax Year 2025
Lot Size 0.578 Acres
Acres 0.5785
Property Sub-Type Apartment
Property 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.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Steam
Cooling None
Fireplace No
Laundry Coin-operated
Exterior
Parking Features Covered, Outside, Paved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Commercial
Total Parking Spaces 20
Building
Story 3
Foundation Basement
Sewer Public Sewer
Water Public
Schools
School District Shaker Heights Csd - 1827
Others
Tax ID 144-04-002
Security Features Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Joseph A Zingales • Berkshire Hathaway HomeServices Professional Realty • josephzingales@gmail.com, 440-346-2031
NEARBY SCHOOL & BUSINESS
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