589 Broadway AVE new Save Request In-Person Tour Request Virtual Tour
Bedford,OH 44146
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision City/Bedford
MLS Listing ID 5121330
Bedrooms 4
Full Baths 2
Year Built 1947
Annual Tax Amount $3,369
Tax Year 2024
Lot Size 0.265 Acres
Property Sub-Type Duplex
Property Description
Unlock the full potential of this rare dual-property lot featuring both residential and commercial income streams. Located in a high-visibility, high-traffic area, this unique package includes: 1) Income-Generating Duplex: A classic two-unit building, each offering 2 bedrooms and 1 bathroom. While the interiors are in need of some imagination and transformation, the solid structure and layout provide the perfect canvas for value-adding renovations. Whether you're a savvy investor or a hands-on renovator, this is your chance to create updated, desirable rentals in a strong rental market. 2) Thriving Commercial Storefront: Steps away, the fully rebuilt storefront is home to a bustling and well-loved Hot Dog business. Recently updated and operating successfully, this turnkey business generates immediate income from day one. Whether you continue running the current operation or rebrand to suit your vision, the commercial component offers a rare blend of stability and flexibility. Don't miss this opportunity to own a mixed-use property with built-in income and upside potential. Live in one unit, rent the other, and enjoy cash flow from the commercial space—or lease it all and maximize your returns!
Location
State OH
County Cuyahoga
Interior
Heating None
Cooling Wall Unit(s)
Exterior
Parking Features Driveway,Garage
Garage Spaces 6.0
Garage Description 6.0
Roof Type Asphalt,Fiberglass,Metal
Building
Sewer Public Sewer
Water Public
Schools
School District Bedford Csd - 1803
Others
Acceptable Financing Cash
Listing Terms Cash