2828 S Moreland BLVD Cleveland, OH 44120

Great value add opportunity in Shaker Square to purchase this package deal of 3 apartment buildings totaling 59 units. 2828 S. Moreland blvd & 2840 S. Moreland Blvd. are located next door to each other, both buildings have 19 units each and both have boiler heating. Both Moreland Blvd. buildings were built in 1929 with a neo-classical twist. 2812 e 130th St. was built in 1956, with 21 units and each unit has individual forced air heating . All the buildings have indoor garage parking totaling 23 spots. The unit mix for the buildings are (31) 2 bedroom units, (17) 1 bedroom units, and 11 studio units. Currently 60% occupied with a combination of the current vacant units being near rent ready and others needing renovation work. The buildings are located a few hundred feet from the square and a short distance from university circle and the Cleveland clinic.