2654-2664 North Moreland Blvd. Copy Cleveland, OH 44120

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2654-2664 North Moreland Blvd. Copy Cleveland, Ohio 44120

Price: $1,450,000
Address: 2654-2664 North Moreland Blvd. Copy
City: Cleveland
State: OH
Zip: 44120
Amenities: Parking
Bathrooms: 10+
Bedrooms: 10
Condition: Resale
Fee: No
Seller Phone: 4405038867
Provided By: REIBlackBook

Description:

Shaker Square (N) location is a very walkable neighborhood with restaurants, shopping, recreation and easy access to the rapid transit system to travel though out the Northeastern Cleveland area. This is a 40 unit all brick garden style renovation property project consisting of 1 bedroom/ 1 bath suites. The property is basically vacant by design for immediate needs. Surrounding buildings have been updated. The renovation general scope of work (SOW) includes interior, exterior and common areas. Average finishes cost approximate Eight Hundred Thousand ($800,000). Off street parking for residents. Some of the major mechanics have been addressed. Newer boiler system, electric and plumbing. This location supports rents above Eight Hundred ($800) per unit (please see the attached rent scenarios). Our automated valuation model (AVM) supports high value then all in ARV. Schools (public): Shaker Heights School System Schools (private): Hathaway Brown, Laurel and Beaumont. This is a off market offering.

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