Great opportunity to acquire a two family property. When it comes to investment real estate, nothing beats being within walking distance to college, shopping, places to eat and much more so no need for a car. Tremendous income potential live in one unit and rent the other one(it can help pay your mortgage). Two bedrooms on first, living room and dining room with its own entrance and three bedrooms upstairs each apartment has its own kitchen and bathroom and laundry area in the basement. Ideal for student rentals. One car detached garage and small courtyard in back yard. Parents pay tuition..why not let students or someone else pay your mortgage. Home does need some tender loving care so bring your tool box and plenty of hard working hands. From this Century home you can walk, jog or ride your bike to the Metro parks, Coe Lake and enjoy summer concerts, festivals and many other events during the year. Walk thru the city and learn some history of Berea. Whether you are looking for student rental income or a spacious home with flexibility, 75 E.Bridge Street deserves a look. Yes it has a front porch the perfect place to sit and watch everyone go by on some days you will see a horse drown carriage (they can be rented at Coe Lake) or maybe see the fireworks you never know what you may see from this front porch.. Location today..income tomorrow! Again it does need work!!!
ONE SINGLE FAMILY. ONE DOUBLE. ONE 5-CAR GARAGE. One RARE opportunity to own 2 renovated, fully occupied properties in the heart of Berea and inherit the legacy of 10 years of ownership with ZERO vacancies! Nestled in Berea’s highly picturesque Century Home Garden District & its distinguished showcase of architecturally alluring homes is an intriguing investment opportunity that rarely presents itself: 3 INSEPARABLE STRUCTURES that are profitable as investments or perhaps as a family estate inviting multi-generational living with the privacy of separate dwellings. 15 Grand Street is a classic 4BR, 1.5BA craftsman style bungalow w/generously appointed rooms and exuding charm galore. Included in the same parcel is a SECOND STRUCTURE: the detached 5-car heated garage w/ generous overflow workshop space+2nd floor storage loft. The THIRD STRUCTURE, separately parceled but inseparable from 15 Grand is 11 Grand: a historic 2-family residence with both stately period details as well as showcasing two new kitchens, new flooring, fresh painting and new tear-off roof, new siding & new gutters. Inseparable per the City of Berea, these properties have scarcely experienced vacancy as they are rented from one school year to the next by B.W. students who are a short walk to all college & city amenities as the landlord enjoys uninterrupted cash flow from parent-signed leases. Each property with respective leases is detailed in the supplements. Garages are vacant/excluded from lease. Famous as an endearing town with a pedestrian-friendly “public promenade” by which to enjoy shops, dining and so much more, 15 Grand / 11 Grand - with its many capital improvements, close proximity to Baldwin Wallace and the Berea Triangle, and inclusion in the highly desirable Century Home Garden District, make this a golden opportunity for investors and owner occupants alike! NOTE THIS LISTING COMBINES INCOME AND ANNUAL TAXES FOR BOTH 11 AND 15 GRAND BUT DETAILS ONLY 15 GRAND.
Berea is located in Ohio. Berea, Ohio has a population of 18,724. Berea is more family-centric than the surrounding county with 27.45% of the households containing married families with children. The county average for households married with children is 23.83%.
The median household income in Berea, Ohio is $60,417. The median household income for the surrounding county is $55,109 compared to the national median of $69,021. The median age of people living in Berea is 35.9 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 20.8 degrees. The average rainfall is approximately 39.3 inches per year, with 53.1 inches of snow per year.
