NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1960 Built

Last Sold August 31, 2019

Last sale price $1,000,000

4 Days on Market

About This Home

As of August 2019

BRICK 20 (2 bed RM) units in the heart of Maddisonville. Within walking distance to MedPace. Long rental history. Some units updated with plenty of upside with renovation. Each unit apprx 650 sq.ft. HVAC via boiler heat & thru wall AC units. On site laundry. Off street parking. Records available with serious inquiries. Estimated 8% to 10% cap rate.

Last Agent to Sell the Property

Kevin Macey

Prime Life Realty LLC License #2019007803 Listed on: 07/17/2019

Last Buyer's Agent

Kevin Macey

Prime Life Realty LLC License #2019007803 Listed on: 07/17/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,000

Year Built

  • Built in 1960

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Parking

  • 20 Open Parking Spaces
  • On-Street Parking

Utilities

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

Community Details

  • Insurance Expense $3,800
  • Maintenance Expense $3,500
  • Water Sewer Expense $12,000
  • Gross Income $160,200
  • Net Operating Income $102,040

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,000

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Suburb: Madisonville
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Census Tract Realist: 55.00
  • Cooling: Wall Unit
  • Heating: Gas, Steam
  • Lot Area Realist: 12458.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Madisonville
  • Annual Assessment Amount: Of Record
  • Public Transportn: YES
  • Year Built: 1960
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Madison Road to Stewart
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 20
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 102040.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 15660
  • Gasand Electric: 4700
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: 7500
  • Waste Removal: 3600
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Street Number Modifier: 4824
  • Windows: Vinyl
  • Two Bedroom Sq Ft: 650
  • Two Bedroom Units: 20

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 1000000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 20
  • Parking: Lot, Onstreet

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 12000

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 3500.00

Fee Information

  • Taxes: 14900

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 140*180

Multi Family

  • Gross Income: 160200.00
  • Total Buildings: 2
  • Insurance: 3800.00

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 List to Sale Price per Sq Ft
12/01/2019 12/01/19 Off Market $1,000,000 -- --
08/31/2019 08/31/19 Sold $1,000,000 0.0% --
07/21/2019 07/21/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,000,000 -- --
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: 1630428

MLS of Greater Cincinnati (CincyMLS)