NOT LISTED FOR SALE

3946 School Section Rd Cincinnati, OH 45211

6 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold January 14, 2021

Last sale price $185,000

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Oversized Parking
  • Heating System Uses Steam
  • Walnut Hills High School Rated A+

About This Home

As of January 2021

Well maintained 4 unit all brick property. All units are rented (varies in length) Easy to rent! New broiler and New Hot water heater, Also new plumbing(2015) and new electric box (2013). Hookups for washer & dryers for each unit. Easy cash flow!

Last Agent to Sell the Property

Margaret Brown

Sibcy Cline, Inc. License #2010000531 Listed on: 09/14/2020

Sibcy Cline, Inc.

Last Buyer's Agent

Margaret Brown

Sibcy Cline, Inc. License #2010000531 Listed on: 09/14/2020

Sibcy Cline, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 130

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Double Hung Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Steam
  • Radiant Heating System
  • Separate Meters

Community Details

  • Insurance Expense $1,760
  • Water Sewer Expense $2,500
  • Gross Income $29,509
  • Net Operating Income $18,954

Listing and Financial Details

  • $2 Total Annual Tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Suburb: Cheviot
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 209.01
  • Cooling: Window Unit
  • Heating: Radiant, Hot Water
  • Lot Area Realist: 8015.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Cheviot
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 1027777.78
  • Year Built: 1949
  • Appliance Include: kitchen appliances
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: North Bend to Western Northern Blvd to L on School Section.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 18954.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 2500
  • Lease Information: fully leased-length is variable
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: $1,897.00
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Double Hung, Vinyl
  • One Bedroom Rent: 600.00
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 685.00
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 225000.00
  • Acres: 0.1800
  • New Construction: No

Garage/Parking

  • Garage: Built in, Rear, Oversized
  • Garage Spaces: 2.00
  • Parking: Off Street, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2500

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service

Fee Information

  • Taxes: 3795

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 50 x 130
  • Lot Size Sq Ft: 7841.00

Multi Family

  • Gross Income: 29509.00
  • Total Buildings: 1
  • Insurance: 1760.00

Range of Values:

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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
04/15/2021 04/15/21 Off Market $185,000 -- --
01/14/2021 01/14/21 Sold $185,000 -17.8% --
09/19/2020 09/19/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $225,000 +87.5% --
03/17/2016 03/17/16 Off Market $120,000 -- --
12/18/2015 12/18/15 Sold $120,000 +0.8% --
10/25/2015 10/25/15 Pending -- -- --
07/31/2015 07/31/15 For Sale $119,000 -- --
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: 1676034

MLS of Greater Cincinnati (CincyMLS)