Attention Investors
9-Unit Brick Apartment Complex
North Moreland Crossing, Shaker Square
Cleveland, OH, Cuyahoga Co., Shaker Heights City
Live Auction W/ Online Bidding Available
Huge opportunity to own a well-maintained 9-unit brick apartment complex in a prime location just a block from Shaker Square! Garden style building built in 1922.
Property Features.
• Three (1 Bedroom, 1 Bath) units
• Six (3 Bedroom, 2 Bath) units
• Wood floors throughout
• Each unit is equipped with stove & refrigerator
• Separately metered electric
• Common laundry area w/ Bluetooth washer and dryers
• Paved off-street parking
• Hot water boiler heat Each tenant pays a $75 monthly admin. fee that includes: cable, Wi-Fi, water, trash, and sewer.
Strong Rental Income.
• Current rent roll: $8,450/month (with 2 vacancies)
• Potential income: $11,350/month
Excellent Location. Close to Shaker Square dining, shopping & entertainment, plus public transportation including the University CircleLink Shuttles serving Case Western Reserve & John Carroll University. Extremely well-maintained property with a strong rental history! Cuyahoga County Parcel #144-13-005. Call today for details and to learn how to purchase this property at auction! Please respect the tenants privacy. Units will be open 1 hour prior to auction for inspection.
**NOTE: Also selling another 9-unit same day close in proximity at 2:30 PM at 2050 East 125th St., Cleveland, OH.
Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.