NOT LISTED FOR SALE

150 Broadway St Batavia, OH 45103

Studio
-- Bath
-- Sq Ft
48,047 Sq Ft Lot

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

OwnerLand Realty, Inc. License #2012003375 Listed on: 02/02/2015

OwnerLand Realty, Inc.

Last Buyer's Agent

Robert Merkt

OwnerLand Realty, Inc. License #2012003375 Listed on: 02/02/2015

OwnerLand Realty, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1966

Lot Details

  • 1.1

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • 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
  • Parking Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 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

1.1 Acres

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
  • Suburb S I C: Batavia
  • 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
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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 List to Sale Price per Sq Ft
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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,836 $71,790 $17,150 $54,640
2023 $4,879 $71,790 $17,150 $54,640
2022 $5,541 $71,790 $17,150 $54,640
2021 $5,570 $71,790 $17,150 $54,640
2020 $5,594 $71,790 $17,150 $54,640
2019 $5,132 $64,020 $7,770 $56,250
2018 $5,279 $64,020 $7,770 $56,250
2017 $4,270 $64,020 $7,770 $56,250
2016 $4,270 $55,200 $7,770 $47,430
2015 $4,127 $55,200 $7,770 $47,430
2014 $4,127 $55,200 $7,770 $47,430
2013 $3,988 $53,270 $7,770 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1433932

MLS of Greater Cincinnati (CincyMLS)
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