Seller's Agent in 2022
Tal Tamir
Russell Real Estate Services
(440) 336-5220
8 in this area
271 Total Sales
485 Center Rd Bedford, OH 44146
8
Beds
4
Baths
4,064
Sq Ft
15,381
Sq Ft
About This Home
As of March 2022Investors! Are you looking for a cash-flowing, straightforward multifamily investment? Look no further! This beautiful brick building with 4 units is a great opportunity to get into a smaller multifamily with no heavy lifting and a cap rate of over 8% from day 1 WITHOUT DOING ANYTHING! Each of the 4 units is 2-bed/1-bath and there is a shared coin-operated laundry on the main floor for some extra income! The rents are $750, $790, $800, $800 for a total monthly gross income of $3,140. The building has a large parking area and a separate garage with 4 spots which you could also charge extra for. Located down the street from Bedford Automile and just off of Rockside Rd., the location gives you close and convenient access to the highway and a great area for renters as well as only minutes from the Bedford reservation! Truly a great property to add to your portfolio!!
Last Agent to Sell the Property
Russell Real Estate Services License #2018001908 Listed on: 02/08/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 0.35 Acre Lot
Parking
- 4 Car Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- 4,064 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 811-13-075
Community Details
Overview
- 4 Units
- Metropolitan Park Estate Community
Amenities
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2022 03/24/22 | Sold | $246,500 | +23.3% | $61 / Sq Ft | |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Sale | $199,900 | +6.7% | $49 / Sq Ft | |
| 02/28/2018 02/28/18 | Sold | $187,400 | 0.0% | -- | View Prior Sale |
| 01/24/2018 01/24/18 | Pending | -- | -- | -- | |
| 01/18/2018 01/18/18 | For Sale | $187,400 | -- | -- |
Source: MLS Now
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,407 | $74,130 | $21,525 | $52,605 |
| 2023 | $6,899 | $65,600 | $24,120 | $41,480 |
| 2022 | $6,238 | $65,590 | $24,120 | $41,480 |
| 2021 | $6,228 | $65,590 | $24,120 | $41,480 |
| 2020 | $6,595 | $64,680 | $21,530 | $43,160 |
| 2019 | $6,481 | $184,800 | $61,500 | $123,300 |
| 2018 | $6,255 | $64,680 | $21,530 | $43,160 |
| 2017 | $6,212 | $60,310 | $13,720 | $46,590 |
| 2016 | $6,152 | $60,310 | $13,720 | $46,590 |
| 2015 | $7,067 | $60,310 | $13,720 | $46,590 |
| 2014 | $7,067 | $70,950 | $16,140 | $54,810 |
Source: Public Records
Agents Affiliated with this Home
-
Tal Tamir
-
Mike Azzam
Buyer's Agent in 2022
Mike Azzam
RE/MAX
(216) 456-3855
32 in this area
1,959 Total Sales
-
James Wise
Seller's Agent in 2018
James Wise
The Holton-Wise Property Group LLC
(216) 661-6633
363 Total Sales
Map
Source: MLS Now
MLS Number: 4348127
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