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244 CTR RD, BEDFORD, OH 44146

Green Bridge Real Estate
Listed by Green Bridge Real Estate
$239,900
2 days on market
Updated 2 days ago

244 CENTER RD BEDFORD OH 44146

Details
APN 811-31-005
Property Type Multifamily
Square Footage 3,476
Units 2
Tenancy Multi
Class B
Year Built 1914
Stories 2
Lot Size (SqFt) 14,170
Zoning residential
Investment Type Stabilized
Sale Condition N/A

About This Property

Marketing description

Pines Duplex Package presents a compelling opportunity to acquire two fully rented, recently remodeled duplexes in strong Northeast Ohio rental markets. This turnkey multifamily offering includes 244-246 Center Rd, Bedford, OH 44146 and 12010 Derby Rd, Garfield Heights, OH 44125, and may be purchased together or individually.

The Bedford property features a side-by-side layout with two 3-bedroom, 1-bath units, each renting for $1,400 per month. The Garfield Heights asset is an up/down duplex with one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit. As shown in the property overview on page 2, both properties are fully occupied and benefit from numerous mechanical upgrades and capital improvements completed over time.

With solid fundamentals, attractive in-place income, and no major projects currently needed, this package is ideal for investors seeking immediate cash flow and operational stability. Offered at $399,900 for the package, the portfolio reflects an estimated 11.3% cap rate, delivering a rare blend of strong returns, updated condition, and proven rental performance.

Investment highlights

2 Duplex homes -> fully rented

• Offered individually or together

• Bedford -$239,900 -10.79% cap rate

• Garfield -$169,900 –11.35% cap rate

• Please reach out for Financial details

Listing Contacts

Green Bridge Real Estate
Listed by Green Bridge Real Estate

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