Scott Myers
BEDS4
BATHS1 full 1 partial
MLS#5260253
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONOhio Land Dev Corporat
SCHOOLBedford City
Property Description
Tenant-Occupied Investment Property | 11.77% Gross Rental Yield 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.
Property Features
Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: None
Fireplaces: 1
Garage: 2
Heating: Forced Air
Home Style: Bungalow
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $3,261 / year
Year Built: 1953
Feature Descriptions
Appliances: Dishwasher, Range, Refrigerator
Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 814-10-092
Parking: Detached, Garage
Security: Smoke Detector(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Bedford City
Listed By / Shown By
Listed By
Agency Name: Smartland, LLC.
Agency Contact: 440-374-8403, realty@smartland.com
Shown By
Agent Name: Scott Myers
Agent Phone: (330) 635-6158
Agency Title: M.C. Real Estate
Estimate Your Payment
Estimated Payment
$ 697.16 per month $376.12 Principal & Interest $271.75 Property Tax $49.29 Homeowner's InsuranceChange Payment Information
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20 John Street | MLS# 5260253
This single family home located at 20 John Street , Bedford, OH 44146 is currently listed for sale with an asking price of $169,000. This property was built in 1953 and has 4 bedrooms and 1 full and 1 partial baths. John Street is located in the Ohio Land Dev Corporat subdivision within the Bedford City school district. Search Ohio Land Dev Corporat real estate on smyers.mcrealestateohio.com today.