$266,000
SOLD JAN 19, 2022

3914 E Gatewood Ln Cincinnati, OH 45236

-- Bed
-- Bath
-- Sq Ft
6,708 Sq Ft Lot

Recently Sold

133 Days on Market

Highlights

  • 4 Car Garage
  • Heating System Uses Steam
  • Coin Laundry
  • Walnut Hills High School Rated A+

About This Home

As of January 2022

7.4% cap rate with current below market rents! Brick,(2)2-bedroom,(2)1-bedroom apartments with garages, replacement windows, located near bus, hospitals & shopping. Excellent rental history with long term tenants on month to month tenancy.

Last Agent to Sell the Property

Mark McGrath

Home Information Network, Inc. License #0000344295 Listed on: 08/21/2021

Last Buyer's Agent

Jordan Fiore

eXp Realty License #2017004334

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,058

Year Built

  • Built in 1955

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 50 x 135

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Rear-Facing Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

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

Utilities

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

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,077
  • Maintenance Expense $1,033
  • Other Expense $1,492
  • Water Sewer Expense $2,900
  • Gross Income $34,980
  • Net Operating Income $21,123

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,058

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Suburb: Silverton
  • Cross Street: Ohio Ave.
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 238.00
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 6708.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Silverton
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 1727272.73
  • Year Built: 1955
  • Appliance Include: 3 stoves, 3 refrigerators, Coin op W/D
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Montgomery to West on Ohio to Right on East Gatewood
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • Street Direction: E
  • StructureType: Quad
  • Occupancy: Tenant Right
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 21123.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 2297
  • Heat Paid: Owner
  • Lease Information: All on Month to Month
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 2529
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Slider, Insulated, Vinyl
  • One Bedroom Rent: 695.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 762.50
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 284900.00
  • Acres: 0.1540
  • New Construction: No

Garage/Parking

  • Garage: Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 4
  • Parking: Garage

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2900

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1033.00

Fee Information

  • Taxes: 5058

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50 x 135
  • Lot Size Sq Ft: 6708.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 34980.00
  • Other Expense: 1492
  • Total Buildings: 1
  • Insurance: 1077.00

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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
12/24/2023 12/24/23 Off Market $825 -- --
04/06/2023 04/06/23 Rented $825 0.0% --
04/06/2023 04/06/23 Under Contract -- -- --
03/27/2023 03/27/23 For Rent $825 0.0% --
04/22/2022 04/22/22 Off Market $266,000 -- --
01/19/2022 01/19/22 Sold $266,000 -6.6% --
01/04/2022 01/04/22 Pending -- -- --
12/28/2021 12/28/21 For Sale -- -- --
12/16/2021 12/16/21 Pending -- -- --
09/16/2021 09/16/21 For Sale -- -- --
09/08/2021 09/08/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $284,900 +127.9% --
08/17/2014 08/17/14 Off Market $125,000 -- --
05/14/2014 05/14/14 Sold $125,000 0.0% --
03/24/2014 03/24/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $125,000 -- --
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: 1713004

MLS of Greater Cincinnati (CincyMLS)