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Active

20 John Street

Bedford OH 44146

4
2
2
0.15 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0.15 ac. lot size
Single-Family

Property history for 20 John Street

2015
Sold
$23,500
13 Feb 2015 by Andrew Belzinskas, of ERA Rath REALTORS

Happy sellers in Bedford

94%
94% of sellers in Bedford reported that their sale price either exceeded or met their price expectations.

Bedford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Bedford over the last 12 months.

Local market activity for 4 bedroom single-family properties in Bedford

In the last 12 months, 48 four-bedroom single-family properties similar to 20 John Street, have been sold.

This represents a 4% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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