Map
Listed price in listed location currency (USD).
$350,000

530

MLS® 5229555

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3708 sqft
Garage 
Taxes $4,019
Days Active 1
Lot Size 0.1025 Acres
Approx. Age 1920
Avg. Price Per Sqft $94
MLS® Number 5229555

Property Address: 16 Columbus Street, Bedford, OH, 44146

Average square foot calculated using Size range provided by listing agent.

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. 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.
MLS® Number5229555
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementPartial, Unfinished
DrivewayDriveway
Garage Spaces
HeatHot Water, Steam
A/CWall Window Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
16 Columbus Street, Bedford, OH

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