Affordable Homeownership or Investment Opportunity in Bedford
Affordable Homeownership or Investment Opportunity in Bedford
By Mike Ferrante, Broker Associate, Mike Team at LPT Realty
Whether you're searching for your next home or your next investment property, opportunities that offer flexibility and value can be hard to find. That's what makes 307 Marion Drive in Bedford such an interesting opportunity. This classic Cape Cod offers three bedrooms, one and a half bathrooms, and over 1,100 square feet of living space. With a long-term tenant already in place, the property may appeal to investors seeking immediate rental income. For buyers planning ahead for future occupancy, it also presents an affordable path to homeownership in a community known for its walkability and small-town charm.
A Flexible Floor Plan
One of the benefits of Cape Cod homes is their versatility, and this property is no exception. With two bedrooms located on the main floor, the home offers the possibility of convenient first-floor living while still providing additional space upstairs. The layout works well for a variety of lifestyles, whether you're accommodating a growing family, creating a home office, or simply looking for extra room to spread out.
The Rare Bonus: A Three-Car Garage
Perhaps the most unique feature of this property is the oversized three-car garage. Finding a home in this price range with garage space for three vehicles is increasingly uncommon. Whether you're a car enthusiast, hobbyist, contractor, or simply need extra storage, the garage provides flexibility that many buyers spend years looking for. In Northeast Ohio, where winter weather makes covered parking especially valuable, having room for multiple vehicles can be a significant advantage.
An Established Tenant Already in Place
For investors, the property offers an additional benefit. The home is currently occupied by a long-term tenant who is paying rent plus utilities and would like to remain in the property.This can create an attractive opportunity for buyers looking for a rental property with immediate occupancy and established cash flow from day one. At the same time, owner-occupants may appreciate the ability to purchase today and plan for future use.
Enjoy Life in Bedford
Bedford continues to attract buyers because of its combination of affordability, convenience, and community character. Residents enjoy access to local restaurants, shops, services, and community amenities, all within a walkable downtown setting. The city's historic charm and neighborhood atmosphere make it a popular destination for those seeking a sense of community while maintaining convenient access to the greater Cleveland area. A stroll through Bedford's downtown park or a visit to local businesses quickly shows why so many residents enjoy calling the city home.
A Value-Packed Opportunity
Homes that offer affordability, a desirable location, multiple bedrooms, and a three-car garage don't come along every day. Add the flexibility of either owner-occupancy potential or investment use, and 307 Marion Drive becomes an opportunity worth exploring. Whether you're building your real estate portfolio or searching for a place to call home in Bedford, this property deserves a closer look. For more information or to schedule a showing, contact the Mike Team today.
📞 216-373-7727
📧 colleen.varnickc21@gmail.com
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