44
See all 44 photos
$285,000
Est. payment /mo
0.53 Acres Lot
Active
920 Broadway AVE Bedford, OH 44146
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Bedford
MLS Listing ID 5172540
HOA Y/N No
Year Built 1832
Annual Tax Amount $5,281
Tax Year 2024
Lot Size 0.533 Acres
Acres 0.5327
Property Sub-Type Other
Property Description
Profitable Investment at 920 Broadway Ave., Bedford OH 44146. Zoned B-2 General Business and Full Occupancy with Almost 3,000 sq. ft., on over a half-acre with beautiful view of Tinkers Creek! Built in 1832 as a tannery and the second floor added years later was made into a rooming house with all the permits and inspections required by the City of Bedford. The property is a certified rooming house by the City of Bedford, with renewal every January. Presently has 9 rooms, an apartment efficiency on the ground floor and the separate entrance apartment (total of 11 units). Approximately 15 years ago, city passed an ordinance that restricted any further rooming houses and grandfathered this one. Rooms have a refrigerator/freezer, microwave, with 5 having in window air conditioners. Each has a bed, (mattress/box spring), furniture, and TV. Owner pays spectrum for Wi-Fi, if tenant wants cable they must pay for it, two at present time, the two are billed monthly. Full kitchen, stove, freezer, and eating area and a large living room. Parking lot has 9 spaces, two sheds, and a fire pit. Tenants are month to month. Each floor has a full bath with shower. Located 15 miles to downtown Cleveland, 20 miles to Cleveland International Airport and within a mile of shopping, grocery, clothing, and restaurants. Public water and Public Sewer. Don't miss your opportunity to own investment today! First time investors to portfolio investors, a lot of potential with the addition of this rooming house. Cleveland, OH!
Location
State OH
County Cuyahoga
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Parking Lot, Unpaved
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Multi-Family,Other,Residential,Single Family,See Remarks
Total Parking Spaces 9
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Bedford Csd - 1803
Others
Tax ID 814-21-021
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Listed by Jayme M Sandy • RE/MAX Results • jsandy@remax.net, 440-488-0415
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