Listed By
Agency Name: Keller Williams Living
Agency Contact: Erinthomas@kwcommercial.com, 440-670-2300
Shown By
Agent Name: Jennifer Williams
Agent Phone: (614) 271-0407
Agency Title: Cutler Real Estate
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Property Description
Generate $3,550/month in rental income today with projected cash flow of nearly $1,000/month after debt service using typical financing. Located in Historic Downtown Bedford, this fully occupied mixed-use investment offers diversified income with two street-level commercial suites and one spacious 5-bedroom, 1-bath apartment. The salon and boutique each pay $900/month on month-to-month leases and have expressed interest in renewing, giving new ownership the opportunity to secure longer lease terms while increasing rents. The remodeled residential unit rents for $1,750/month and features updated LVP flooring, new kitchen cabinets and countertops, in-suite laundry, and two new hot water tanks. The commercial spaces have also been tastefully updated by their tenants. Walkable to restaurants, shops, parks, and local businesses with convenient access to I-271 and I-480. Complete financial package and video walkthrough available upon request.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Unfinished
Cooling: Wall/Window Unit(s)
Days on Market: 106
Heating: Hot Water, Steam
Lot Size: 0.10 Acres
Roof Type: Asphalt, Flat
Stories: 2.0
Taxes: $4,018 / year
Year Built: 1920
Feature Descriptions
Exterior: Brick
Laundry: Main Level
Parcel#: 812-13-002
Parking: Driveway
Sewer: Public Sewer
Water: Public
Local Schools
School District: Bedford City
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Estimated Payment
$ 2,319.30 per month $1,886.76 Principal & Interest $334.83 Property Tax $97.71 Homeowner's InsuranceChange Payment Information
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16 Columbus Street | MLS# 5229555
This multi-family property located at 16 Columbus Street, Bedford, OH 44146 is currently listed for sale with an asking price of $335,000. Columbus Street is located within the Bedford City school district. Search Bedford real estate on www.jenniferwilliams.homes today.