Jennifer Sperl
Responds Quickly
Coldwell Banker Realty
(816) 205-8738
99 Total Sales
10 in Batavia
$171K - $925K Price Range
497 Old Boston Rd Batavia, OH 45103
Batavia Area
--
Beds
--
Baths
19,260
Sq Ft
1.25
Acre Lot
Highlights
- 1.25 Acre Lot
- Storage
- Coin Laundry
- Balcony
- Forced Air Heating and Cooling System
About This Home
As of February 2025Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district (6.5 miles). Average rents are well below current market rents, coupled with quickly growing demographics and new Purina factorty makes for compelling upside. Current NOI is $120,000+. No owner financing available. 100% occupancy.
Last Agent to Sell the Property
ERA REAL Solutions Realty, LLC License #2009003765 Listed on: 10/28/2024
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,508
Year Built
- Built in 1970
Lot Details
- 1.25
Parking
- 40 Open Parking Spaces
- 40 Car Garage
Home Design
- Brick Exterior Construction
- Poured Concrete
- Shingle Roof
- Membrane Roofing
Interior Spaces
- 19,260 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Storage
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- Natural Gas Not Available
Community Details
Amenities
- Coin Laundry
Building Details
- Insurance Expense $4,403
- Maintenance Expense $1,500
- Other Expense $2,547
- Water Sewer Expense $8,796
- Gross Income $164,180
- Net Operating Income $120,202
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2024
Closed on
Feb 6, 2025
Sold by
Indianview Holdings Llc
Bought by
Seller's Agent
Jon Decurtins
ERA REAL Solutions Realty, LLC
Buyer's Agent
Non Member
NonMember Firm
List Price
$1,390,000
Sold Price
$1,225,000
Premium/Discount to List
-$165,000
-11.87%
Views
12
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$965,274
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 3, 1999
Sold by
Mongold Thomas R
Bought by
Coons Shawn A and Ferneding Steve R
Purchase Details
Closed on
Jan 22, 1993
Purchase Details
Closed on
Jan 15, 1993
Purchase Details
Closed on
Jan 1, 1987
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Batavia, OH
-
Jennifer Sperl
-
Brandon Willis
Brandon Willis
Keller Williams Seven Hills Re
(513) 586-3521
212 Total Sales
2 in Batavia
$270K - $300K Price Range
-
Cara Chitwood
Cara Chitwood
Responds QuicklyKeller Williams Realty Service
(513) 854-6469
114 Total Sales
1 in Batavia
$225,000 Price
-
Nicole Peters
Nicole Peters
The Six Realty, LLC
(513) 657-0716
109 Total Sales
2 in Batavia
$265K - $415K Price Range
-
Pamela Farmer
Pamela Farmer
Coldwell Banker Realty, Anders
(513) 506-9659
63 Total Sales
7 in Batavia
$245K - $414K Price Range
-
Brandon Stamper
Brandon Stamper
Plum Tree Realty
(859) 888-1472
129 Total Sales
1 in Batavia
$309,900 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Coons Shawn A | $385,000 | -- | |
| -- | $331,300 | -- | |
| -- | $186,700 | -- | |
| -- | $486,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $980,000 | ||
| Previous Owner | Indianview Holdings Llc | $376,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2025 02/13/25 | Off Market | $1,225,000 | -- | -- |
| 02/06/2025 02/06/25 | Sold | $1,225,000 | -11.9% | $64 / Sq Ft |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- |
| 10/28/2024 10/28/24 | For Sale | $1,390,000 | -- | $72 / Sq Ft |
Source: MLS of Greater Cincinnati (CincyMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,612 | $187,990 | $31,500 | $156,490 |
| 2024 | $12,664 | $187,990 | $31,500 | $156,490 |
| 2023 | $12,776 | $187,990 | $31,500 | $156,490 |
| 2022 | $14,509 | $187,990 | $31,500 | $156,490 |
| 2021 | $14,585 | $187,990 | $31,500 | $156,490 |
| 2020 | $14,650 | $187,990 | $31,500 | $156,490 |
| 2019 | $13,246 | $165,240 | $28,000 | $137,240 |
| 2018 | $13,627 | $165,240 | $28,000 | $137,240 |
| 2017 | $12,562 | $165,240 | $28,000 | $137,240 |
| 2016 | $12,783 | $165,240 | $28,000 | $137,240 |
| 2015 | $12,356 | $165,240 | $28,000 | $137,240 |
| 2014 | $12,356 | $165,240 | $28,000 | $137,240 |
| 2013 | $12,314 | $164,500 | $28,000 | $136,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Decurtins
Seller's Agent in 2025
Jon Decurtins
ERA REAL Solutions Realty, LLC
(513) 600-7231
238 Total Sales
-
Ben Trautmann
Seller Co-Listing Agent in 2025
Ben Trautmann
J.A. Trautmann Realty, Inc., W
(513) 315-8629
58 Total Sales
-
Non Member
NM
Buyer's Agent in 2025
Non Member
NonMember Firm
Map
Source: MLS of Greater Cincinnati (CincyMLS)
MLS Number: 1822853
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