NOT LISTED FOR SALE
Studio
-- Bath
-- Sq Ft
41,730 Sq Ft Lot

Last Sold March 16, 2015

Last sale price $450,000

1 Day on Market

Highlights

  • 0.96 Acre Lot
  • Heating System Uses Steam
  • Coin Laundry
  • Storage

About This Home

As of March 2015

Opportunity to own 30 unit complex in OHHS district.Rents are 325-550 month owner has not raised rents in a decade. Opportunity to double rent roll with proper management and increse income. Not many records but all leases are current. 2 vacant.

Last Agent to Sell the Property

Nicole Hart

Hartland Management & Realty License #2014000030 Listed on: 01/30/2015

Last Buyer's Agent

Nicole Hart

Hartland Management & Realty License #2014000030 Listed on: 01/30/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,250

Year Built

  • Built in 1957

Lot Details

  • 0.96

Parking

  • 30 Open Parking Spaces
  • 30 Car Garage
  • Parking Lot

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

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

Home Security

Outdoor Features

  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Heating System Uses Steam
  • Separate Meters
  • Cable TV Available

Community Details

Building Details

  • Insurance Expense $5,500
  • Maintenance Expense $30,000
  • Water Sewer Expense $9,000
  • Gross Income $144,000
  • Net Operating Income $55,407

Additional Features

  • Sebastian Rentz Est Subdivision
  • Coin Laundry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,250

Year Built

Built in 1957

Lot Details

0.96 Acres

Parking

30

Listing Details

  • Suburb: Delhi Twp.
  • Cross Street: Pedretti
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Tax Rate: of record
  • Miscellaneous: Coin Laundry, Cable TV, Smoke Alarm
  • Census Tract Realist: 214.01
  • Cooling: Window Unit
  • Heating: Steam, Heat Pump
  • Lot Area Realist: 41730.00
  • Suburb S I C: Delhi Twp.
  • Price Per Acre: 469728.60
  • Public Transportn: at corner
  • Year Built: 1957
  • Appliance Include: 30 stoves, 30 refrigerators
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Pedretti to left on Fehr , units on left
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 30
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Suburb (SIC): Sebastian Rentz Est
  • Occupancy: At Closing
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Storage Area
  • Net Operating Income: 55407.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 11400
  • Gasand Electric: 8700
  • Heat Paid: Owner
  • Lease Information: 2 vacants 1 fire damaged
  • Other Features: Busline Near
  • Other Tax Parcel I D: 5400040039500
  • Reciprocal Listing: No
  • School Name1: Call SD 513-574-3200
  • Semi Annual Taxes: 8624.77
  • Waste Removal: 2160
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Street Number Modifier: 4474
  • Windows: Aluminum, Double Hung
  • One Bedroom Rent: 475.00
  • One Bedroom Sq Ft: 390
  • One Bedroom Number of Units: 27
  • Two Bedroom Rent: 550.00
  • Two Bedroom Sq Ft: 510
  • Two Bedroom Units: 3

Exterior Features

  • Roof: Composition
  • Construction: Brick
  • Outside Features: Yard Lights
  • Foundation: Poured
  • Listing Price: 460000.00
  • Acres: 0.9580
  • New Construction: No

Garage/Parking

  • Garage: None
  • Garage Spaces: 30.00
  • Parking Spaces: 30
  • Parking: Lot

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 9000

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 30000.00

Fee Information

  • Taxes: 21833

Schools

  • District: Oak Hills Local SD

Lot Info

  • Lot Dimensions: 160.09X283.32
  • Lot Size Sq Ft: 41730.00

Multi Family

  • Gross Income: 144000.00
  • Total Buildings: 3
  • Insurance: 5500.00
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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
06/15/2015 06/15/15 Off Market $450,000 -- --
03/16/2015 03/16/15 Sold $450,000 -2.2% --
01/31/2015 01/31/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $460,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1434366

MLS of Greater Cincinnati (CincyMLS)
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