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16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo
16 Columbus Street, Bedford, OH 44146 Photo

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16 Columbus Street Bedford, OH 44146
$350,000
Active / MLS# 5229555 / Multi Unit - Multiple / Bedford
5 Beds
1 Bath
2 Half Baths
3708 SqFt

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. Current financials produce a 7.58% cap rate with a projected 9.05% cap rate through market rent adjustments, equating to approximately $326 per unit, per month in projected cash flow after debt service before principal paydown. 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.

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years/fixed
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yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,214.69 per month $777.78 Principal & Interest $334.83 Property Tax $102.08 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Unfinished
Cooling: Wall/Window Unit(s)
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

Days on Site: 4
Exterior: Brick
Laundry: Main Level
Parcel#: 812-13-002
Parking: Driveway
Sewer: Public Sewer
Water: Public

Schools

School District: Bedford City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Living
Agency Contact: Erinthomas@kwcommercial.com, 440-670-2300

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