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16 Columbus Street, Bedford, OH 44146

$350,000
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New to the Market Status - Active
5BEDS 1 full 2 partialBATHS 3,708SQUARE FEET 5229555MLS# BedfordSUBDIVISION Bedford CitySCHOOL

Home Value Estimate


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,...read more

Features

  • Wall/Window Unit(s)
  • Hot Water, Steam
  • 2.0 Stories
  • $4,018 / year Taxes
  • Public
  • Built in 1920