NOT LISTED FOR SALE

2465 E Galbraith Rd Cincinnati, OH 45237

2 Beds
1 Bath
3,186 Sq Ft
1962 Built

Last Sold May 07, 2021

Last sale price $336,000 $105 Per Sq Ft

11 Days on Market

Highlights

  • Golf Course View
  • 4 Car Attached Garage
  • Tandem Garage
  • Balcony
  • Hot Water Heating System

About This Home

As of May 2021

Great cashflow opportunity! Located on the border of Amberly Village and Reading, and backing up to the gorgeous Amberly Green Park, this 4 family building is a turnkey money maker. All 2bed, 1 bath units. Owner pays heat, water and trash, tenants pay electric. Currently fully rented, lease ending in March presents potential for an owner-occupant buyer. 8.23% Cap rate year 1. Proforma in associated docs.

Last Agent to Sell the Property

noah gibby

Plum Tree Realty License #2020001909 Listed on: 02/26/2021

Plum Tree Realty

Last Buyer's Agent

Varun Varma

Coldwell Banker Realty License #2015005166

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1962

Parking

  • 4 Car Attached Garage
  • 6 Open Parking Spaces
  • Tandem Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,186 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Golf Course Views
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Separate Meters

Additional Features

  • Balcony
  • Lot Dimensions are 120x99

Community Details

  • Insurance Expense $2,000
  • Maintenance Expense $2,172
  • Water Sewer Expense $2,200
  • Gross Income $43,740
  • Net Operating Income $28,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,356

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Suburb: Amberley
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 232.22
  • Cooling: None
  • Heating: Hot Water
  • Lot Area Realist: 2788.00
  • Suburb S I C: Amberley
  • Year Built: 1962
  • Appliance Include: Refrigerator, dishwasher, oven
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Cross County E to Galbraith Rd
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Quad
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 28820.00
  • Property Type: Residential Income
  • Vacancy: 2172
  • Gasand Electric: 1000
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2178
  • Waste Removal: 720
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3186.00
  • Windows: Vinyl
  • Two Bedroom Rent: 895.00
  • Two Bedroom Sq Ft: 796
  • Two Bedroom Units: 4

Exterior Features

  • View: Golf Course
  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Outside Features: Balcony
  • Foundation: Poured
  • Listing Price: 350000.00
  • New Construction: No

Garage/Parking

  • Garage: Attached, Built in, Tandem
  • Garage Spaces: 4.00
  • Parking Spaces: 6
  • Parking: Garage, Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2200

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2172.00

Fee Information

  • Taxes: 4356

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 120x99

Multi Family

  • Gross Income: 43740.00
  • Total Buildings: 1
  • Insurance: 2000.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft
08/09/2021 08/09/21 Off Market $336,000 -- --
05/07/2021 05/07/21 Sold $336,000 -4.0% $105 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $350,000 -- $110 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • n

    Seller's Agent in 2021

    noah gibby

    Plum Tree Realty

    (513) 373-1672

    1 in this area

    37 Total Sales

    noah gibby
    Section Image
  • Varun Varma

    Buyer's Agent in 2021

    Varun Varma

    Coldwell Banker Realty

    (513) 307-3599

    2 in this area

    233 Total Sales

    Varun Varma
    Section Image
See All Agents

Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1691118

MLS of Greater Cincinnati (CincyMLS)
Ohio Hamilton County Cincinnati 45237

2465 E Galbraith Rd, Cincinnati, OH

Not Listed for Sale

MultiFamily

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