NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1969 Built

Last Sold July 31, 2023

Last sale price $1,900,000

69 Days on Market

About This Home

As of July 2023

Incredible opportunity to add this 32 unit complex to any portfolio! Recently renovated building, close to downtown Cincinnati! Private parking lot, on site laundry, and views of the river! Don't miss the opportunity to add this cash flowing asset to your portfolio!

Last Agent to Sell the Property

Ben Austin

Keller Williams Advisors License #2009004570 Listed on: 01/13/2023

Keller Williams Advisors

Last Buyer's Agent

Nat Comisar Group

Sibcy Cline, Inc. License #2006000748

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,397

Year Built

  • Built in 1969

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 3-Story Property
  • Basement Fills Entire Space Under The House

Parking

  • 35 Open Parking Spaces
  • Private Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Gas

Community Details

  • Insurance Expense $19,282
  • Maintenance Expense $26,940
  • Water Sewer Expense $14,872
  • Gross Income $269,400
  • Net Operating Income $163,485

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,397

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Suburb: Riverside
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Cooling: Wall Unit
  • Heating: Gas, Baseboard
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Riverside
  • Annual Assessment Amount: Off Record
  • Year Built: 1969
  • School 1 Type: District Phone
  • Directions: Property faces River Road - across the street from Riverside Park which is located next to the Ohio River
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 32
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 163485.00
  • Property Type: Residential Income
  • Vacancy: 13470
  • Gasand Electric: 13238
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 6,698.64
  • Waste Removal: 4872
  • Basement: Full
  • Levels: Three
  • Zero Selling Price: No
  • Fireplace: None
  • Street Number Modifier: 3641
  • Windows: Aluminum
  • One Bedroom Rent: 725.00
  • One Bedroom Number of Units: 18
  • Three+ Bedroom Rent: 1100.00
  • Three+ Bedroom Units: 2

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 1950000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 35
  • Parking: Lot, Private, Off Street

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 14872

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 26940.00

Fee Information

  • Taxes: 13241

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 180 X 165.25
  • ResoLotSizeUnits: Acres

Multi Family

  • Efficiency Rent: 600.00
  • Efficiency Units: 12
  • Gross Income: 269400.00
  • Total Buildings: 2
  • Insurance: 19282.00

Range of Values:

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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 Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,900,000 -- --
07/31/2023 07/31/23 Sold $1,900,000 -2.6% --
03/24/2023 03/24/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,950,000 +217.1% --
02/12/2015 02/12/15 Off Market $615,000 -- --
11/12/2014 11/12/14 Sold $615,000 -4.7% --
09/26/2014 09/26/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $645,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1762027

MLS of Greater Cincinnati (CincyMLS)