NOT LISTED FOR SALE

150 Broadway St Batavia, OH 45103

-- Bed
-- Bath
-- Sq Ft
1.1 Acres

Last Sold October 17, 2015

Last sale price $838,000

162 Days on Market

Highlights

  • 1.1 Acre Lot
  • Heating System Uses Steam
  • Coin Laundry
  • Baseboard Heating

About This Home

As of October 2015

Investor opportunity to purchase a 28 Unit Multifamily listed at a 9.49% Cap in a good neighborhood with current rents below market. Long term seller ownership. New boilers in last 5 yrs. 12 2-BR, 16 1-BR, 100% occupied. Financials RR upon request

Last Agent to Sell the Property

Robert Merkt

Rath Equity, LTD License #2012003375 Listed on: 02/02/2015

Last Buyer's Agent

Robert Merkt

Rath Equity, LTD License #2012003375 Listed on: 02/02/2015

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1966

Lot Details

  • 1.1

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 60 Open Parking Spaces
  • On-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $7,808
  • Maintenance Expense $6,806
  • Other Expense $1,500
  • Water Sewer Expense $13,440
  • Gross Income $175,752
  • Net Operating Income $94,750

Property Details

Home Type

Condominium

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Suburb: Batavia
  • Cross Street: S Riverside Dr
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: 74.85
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 411.01
  • Cooling: Wall Unit
  • Heating: Gas, Steam, Baseboard
  • Lot Area Realist: 24450.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Batavia
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 759746.15
  • Year Built: 1966
  • Appliance Include: Refrigerators Stoves AC Units
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: State Route 32 East, use Batavia Exit. 1/2 Mile turn right at State Route 222 (South Riverside Drive).
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 28
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 94750.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 8788
  • Gasand Electric: 15027
  • Heat Paid: Owner
  • Lease Information: 5 MTM, 23 annual leases
  • Other Features: Corner Lot
  • Other Tax Parcel I D: 060207.001A Lots 1A 1B 2A 2B 3A 3B 4A
  • Reciprocal Listing: No
  • School Name1: Call SD 513-732-2343
  • Semi Annual Taxes: Of Record
  • Waste Removal: 10800
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Street Number Modifier: 150
  • Windows: Aluminum, Vinyl
  • One Bedroom Rent: 510.00
  • One Bedroom Sq Ft: 670
  • One Bedroom Number of Units: 16
  • Two Bedroom Rent: 555.00
  • Two Bedroom Sq Ft: 798
  • Two Bedroom Units: 12

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Block
  • Foundation: Poured
  • Listing Price: 910000.00
  • Acres: 1.1030
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 60
  • Parking: Lot, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 13440

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 6806.00

Fee Information

  • Taxes: 16833

Schools

  • District: Batavia Local SD

Lot Info

  • Lot Dimensions: of record
  • Lot Size Sq Ft: 48047.00

Multi Family

  • Gross Income: 175752.00
  • Other Expense: 1500
  • Total Buildings: 4
  • Insurance: 7808.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2016 01/17/16 Off Market $838,000 -- --
10/17/2015 10/17/15 Sold $838,000 -7.9% --
07/14/2015 07/14/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $910,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Merkt

    Rath Equity, LTD

    (513) 886-2333

    9 Total Sales

    Robert Merkt
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1433932

MLS of Greater Cincinnati (CincyMLS)
Ohio Clermont County Batavia 45103

150 Broadway St, Batavia, OH

This home is located at 150 Broadway St, Batavia, OH 45103 since 02 February 2015. This property was built in 1966. 150 Broadway St is a home located in Clermont County with nearby schools including Batavia Elementary School, Batavia Middle School, and Batavia High School.

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