NOT LISTED FOR SALE

400 Springfield Pike Cincinnati, OH 45215

-- Bed
-- Bath
9,400 Sq Ft
0.54 Acres

Last Sold March 05, 2021

Last sale price $850,000 $90 Per Sq Ft

2 Days on Market

About This Home

As of March 2021

Eight [8] Unit Located in Class A sub market of Wyoming|100% Fully Stabilized Investment Opportunity|Comprised of Eight [8] Oversized 2BR | 2BA with living area of around 1175 SF|Units Have updated to Kitchens, Bathrooms, Hardwood Flooring, Stainless Steel Appliances and In-Unit Laundry|Off Street Private Parking |Property can also be purchased together with 2751 Arbor Avenue, Cincinnati, Ohio 45209 a 9-Unit in the Oakley Submarket.

Last Agent to Sell the Property

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 01/16/2021

3CRE Residential Advisors, LLC

Co-Listed By

Brian Coyle

3CRE Commercial Real Estate License #2018002440

Last Buyer's Agent

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683 Listed on: 01/16/2021

3CRE Residential Advisors, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1904

Lot Details

  • 0.54

Parking

  • 8 Open Parking Spaces
  • 8 Car Garage
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 9,400 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $3,254
  • Maintenance Expense $5,405
  • Other Expense $1,500
  • Water Sewer Expense $5,124
  • Gross Income $105,240
  • Net Operating Income $60,394

Property Details

Home Type

Condominium

Year Built

Built in 1904

Lot Details

0

Parking

8

Listing Details

  • Suburb: Wyoming
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 226.02
  • Cooling: Central Air
  • Heating: Gas
  • Lot Area Realist: 23697.00
  • Suburb S I C: Wyoming
  • Price Per Acre: 1562500.00
  • Year Built: 1904
  • Appliance Include: Refrigerator, Dishwasher,Stove,Microwave
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Reading RD to Paddock - OH 562 West - I-75N to East Galbraith - Exit 10b - Oh4 North Wyomning - L East Galbraith - R Vine Street
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 8
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 60394.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Vacancy: 5262
  • Gasand Electric: 943
  • Heat Paid: Tenant
  • Lease Information: Year Leases & MTM
  • Reciprocal Listing: No
  • School Name1: Call SD 513-206-7000
  • Semi Annual Taxes: Of record
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 9400.00
  • Windows: Insulated, Vinyl
  • Two Bedroom Rent: 1096.00
  • Two Bedroom Units: 8

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 860000.00
  • Acres: 0.5440
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 8.00
  • Parking Spaces: 8
  • Parking: Lot, Private

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 5124

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 5405.00

Fee Information

  • Taxes: 23358

Schools

  • District: Wyoming City SD

Lot Info

  • Lot Dimensions: Of record
  • Lot Size Sq Ft: 23697.00

Multi Family

  • Gross Income: 105240.00
  • Other Expense: 1500
  • Total Buildings: 2
  • Insurance: 3254.00

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List 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 Prior Sale
06/03/2021 06/03/21 Off Market $850,000 -- --
03/05/2021 03/05/21 Sold $850,000 -1.2% $90 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $860,000 +117.7% $91 / Sq Ft
03/11/2014 03/11/14 Off Market $395,000 -- --
12/06/2013 12/06/13 Sold $395,000 0.0% -- View Prior Sale
10/31/2013 10/31/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $395,000 -- --
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: 1687798

MLS of Greater Cincinnati (CincyMLS)