20 John ST Bedford, OH 44146
4 Beds
2 Baths
6,468 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Ohio Land Dev Corporat
MLS Listing ID 5260253
Style Bungalow
Bedrooms 4
Full Baths 1
Half Baths 1
HOA Y/N No
Year Built 1953
Annual Tax Amount $3,261
Tax Year 2025
Lot Size 6,468 Sqft
Acres 0.1485
Property Sub-Type Single Family Residence
Property Description
Excellent opportunity to acquire an income-producing investment property in Bedford! Offered at $165,000, this tenant-occupied property provides immediate rental income with an established tenant paying $1,619 per month and a lease in place through May 31, 2027.
The property generates $19,428 in annual gross rental income and has produced an actual Net Operating Income (NOI) of $11,975 over the trailing 12 months, representing a 7.26% cap rate at the current asking price.
Whether you're expanding your investment portfolio or purchasing your first rental property, this is an opportunity to acquire a property with an established income stream and documented operating performance.
Investor Highlights:
Asking Price: $165,000
Monthly Rent: $1,619
Annual Gross Rental Income: $19,428
Trailing 12-Month NOI: $11,975
Cap Rate: 7.26%
Lease in Place Through May 31, 2027
Tenant-occupied. Please do not disturb tenant. Showings by appointment only.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Fireplace Yes
Appliance Dishwasher, Range, Refrigerator
Exterior
Parking Features Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories Two
Schools
School District Bedford Csd - 1803
Others
Tax ID 814-10-092
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Nearby Locations
CEO, REALTOR, CLHMS - Certified Luxury Home Marketing Specialist™ Real Estate Sales License 2014003328
+1(216) 973-1402 | michael.henry.oh@exprealty.com