NOT LISTED FOR SALE

1623 Summit Rd Cincinnati, OH 45237

Roselawn Neighborhood
4 Beds
4 Baths
2,706 Sq Ft
6,098 Sq Ft Lot

Last Sold January 03, 2022

Last sale price $188,000 $69 Per Sq Ft

87 Days on Market

Highlights

  • Porch
  • Storage
  • Heating System Uses Steam
  • Walnut Hills High School Rated A+

About This Home

As of January 2022

Cash flowing 4 family. Great Investment w/ 4 car garage each unit has 1bed 1 bath with hardwood floors. Separate gas and electric for each unit. Washer and dryer available for all tenants. Easy to maintain brick building.

Last Agent to Sell the Property

Thomas VanSteenkiste

Real Estate Professionals, LLC License #0700393056 Listed on: 08/18/2021

Last Buyer's Agent

Chen Xu

OwnerLand Realty, Inc. License #2008001893

OwnerLand Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,085

Year Built

  • Built in 1942

Lot Details

  • 6,098

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • Storage
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • Porch
  • Lot Dimensions are 50x125

Community Details

  • Insurance Expense $1,200
  • Maintenance Expense $1,500
  • Other Expense $500
  • Water Sewer Expense $1,896
  • Gross Income $30,900
  • Net Operating Income $17,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,085

Year Built

Built in 1942

Lot Details

0

Parking

4

Listing Details

  • Suburb: Roselawn
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry,Smoke Alarm
  • Cooling: Window Unit
  • Heating: Hot Water
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Roselawn
  • Annual Assessment Amount: off record
  • Year Built: 1942
  • Appliance Include: 4 refrigerators, 4 stoves
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: South on Reading, right on Summit
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 17383.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 1560
  • Gasand Electric: 1152
  • Heat Paid: Owner
  • Other Features: Busline Near
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2542.50
  • Waste Removal: 624
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Aluminum
  • One Bedroom Rent: 650.00
  • One Bedroom Number of Units: 4

Exterior Features

  • Roof: Tile, Membrane
  • Construction: Brick
  • Outside Features: Porch
  • Foundation: Poured
  • Listing Price: 204900.00
  • New Construction: No

Garage/Parking

  • Garage: Built in,Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Onstreet, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 1896

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1500.00

Fee Information

  • Taxes: 5085

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50x125
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 30900.00
  • Other Expense: 500
  • Total Buildings: 1
  • Insurance: 1200.00

Range of Values:

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List Price
Sold Price
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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
04/06/2022 04/06/22 Off Market $188,000 -- --
01/03/2022 01/03/22 Sold $188,000 -10.4% $69 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
09/10/2021 09/10/21 For Sale -- -- --
08/30/2021 08/30/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $209,900 +351.4% $78 / Sq Ft
02/17/2017 02/17/17 Off Market $46,500 -- --
11/18/2016 11/18/16 Sold $46,500 -17.0% $17 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $56,000 -- $21 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas VanSteenkiste

    Seller's Agent in 2022

    Thomas VanSteenkiste

    Real Estate Professionals, LLC

    (513) 652-6636

    1 in this area

    71 Total Sales

    Section Image

  • C

    Buyer's Agent in 2022

    Chen Xu

    OwnerLand Realty, Inc.

    (513) 226-9267

    2 in this area

    57 Total Sales

    Chen Xu
    Section Image
  • Anne Marie Peter

    Seller's Agent in 2016

    Anne Marie Peter

    Hallmark Realty, LLC

    Section Image
  • Thomas Peter

    Seller Co-Listing Agent in 2016

    Thomas Peter

    Hallmark Realty, LLC

    (513) 235-8000

    22 Total Sales

    Thomas Peter
    Section Image
  • Lisa E. Young

    Buyer's Agent in 2016

    Lisa E. Young

    Keller Williams Seven Hills Re

    (513) 315-1431

    1 in this area

    46 Total Sales

    Lisa E. Young
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1712666

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45237 Roselawn

1623 Summit Rd, Cincinnati, OH

This home is located at 1623 Summit Rd, Cincinnati, OH 45237 since 18 August 2021. This property was built in 1942. 1623 Summit Rd is a home located in Hamilton County with nearby schools including Roselawn Condon School, Shroder High School, and Clark Montessori High School.

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