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$ 335,000
Est. payment /mo
Active
16 Columbus ST Bedford, OH 44146
5 Beds
3 Baths
3,708 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $90
Subdivision Bedford
MLS Listing ID 5229555
Bedrooms 5
Full Baths 1
Half Baths 2
HOA Y/N No
Abv Grd Liv Area 2,765
Year Built 1920
Annual Tax Amount $4,018
Tax Year 2025
Lot Size 4,464 Sqft
Acres 0.1025
Property Sub-Type Triplex
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.
Location
State OH
County Cuyahoga
Rooms
Basement Partial, Unfinished
Interior
Heating Hot Water, Steam
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Main Level
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Asphalt,Flat
Private Pool No
Building
Story 3
Sewer Public Sewer
Water Public
Level or Stories Three Or More, Two
Schools
School District Bedford Csd - 1803
Others
Tax ID 812-13-002
Listed by Erin Thomas • Keller Williams Living • Erinthomas@kwcommercial.com, 440-670-2300
NEARBY SCHOOL & BUSINESS
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