NOT LISTED FOR SALE

5621 Lester Rd Cincinnati, OH 45213

6 Beds
4 Baths
3,612 Sq Ft
7,187 Sq Ft Lot

Last Sold December 07, 2017

Last sale price $170,000 $47 Per Sq Ft

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • Oversized Parking
  • Wood Siding
  • Walnut Hills High School Rated A+
  • Coin Laundry

About This Home

As of December 2017

Don't miss this great income 4-family property! Turn Key. Tenants pay heat. Everything except water is separately metered. Owner only pays water bill making a significant difference in cashflow. Easy to maintain durable wood floors also reduce turnover costs opposed to ongoing replacement costs of carpeted units.

Last Agent to Sell the Property

Erik Wiley

eXp Realty License #2014000615 Listed on: 09/28/2017

eXp Realty

Last Buyer's Agent

Angela Fischer

Lohmiller Real Estate License #2009002041

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 51.93 x 147

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Oversized Parking
  • Rear-Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,612 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,400
  • Maintenance Expense $1,200
  • Water Sewer Expense $2,387
  • Gross Income $25,200
  • Net Operating Income $15,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Suburb: Pleasant Ridge
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 57.02
  • Cooling: Window Unit
  • Heating: Gas
  • Lot Area Realist: 7187.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Pleasant Ridge
  • Annual Assessment Amount: of record
  • Price Per Acre: 1030303.03
  • Year Built: 1931
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Take Ridge to Auten ave to Lester.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 4
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Quad
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 15272.00
  • Property Type: Residential Income
  • Separate Furnace: Yes
  • Gasand Electric: 1165
  • Heat Paid: Tenant
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: of record
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3612.00
  • Windows: Casement
  • One Bedroom Number of Units: 2
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Wood Siding
  • Foundation: Block
  • Listing Price: 170000.00
  • Acres: 0.1650
  • New Construction: No

Garage/Parking

  • Garage: Attached, Built in, Rear, Oversized
  • Garage Spaces: 2.00
  • Parking Spaces: 2
  • Parking: Private, Garage, Onstreet, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2387

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1200.00

Fee Information

  • Taxes: 3776

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 51.93 X 147
  • Lot Size Sq Ft: 7187.00

Multi Family

  • Gross Income: 25200.00
  • Total Buildings: 1
  • Insurance: 1400.00

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
03/11/2018 03/11/18 Off Market $170,000 -- --
12/07/2017 12/07/17 Sold $170,000 0.0% $47 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $170,000 +25.9% $47 / Sq Ft
11/16/2012 11/16/12 Off Market $135,000 -- --
08/17/2012 08/17/12 Sold $135,000 -6.8% --
06/26/2012 06/26/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $144,900 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erik Wiley

    Seller's Agent in 2017

    Erik Wiley

    eXp Realty

    (513) 237-7733

    4 Total Sales

    Erik Wiley
    Section Image
  • Angela Fischer

    Buyer's Agent in 2017

    Angela Fischer

    Lohmiller Real Estate

    (513) 508-4549

    1 in this area

    116 Total Sales

    Angela Fischer
    Section Image
  • Michael Vazquez

    Seller's Agent in 2012

    Michael Vazquez

    ERA REAL Solutions Realty. LLC

    (513) 325-1959

    1 in this area

    233 Total Sales

    Michael Vazquez
    Section Image
  • Jim Haven

    Buyer's Agent in 2012

    Jim Haven

    Sibcy Cline

    (513) 368-2596

    9 Total Sales

    Jim Haven
    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1555408

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45212

5621 Lester Rd, Cincinnati, OH

This home is located at 5621 Lester Rd, Cincinnati, OH 45213 since 28 September 2017. This property was built in 1931. 5621 Lester Rd is a home located in Hamilton County with nearby schools including Pleasant Ridge Montessori School, Shroder High School, and Clark Montessori High School.

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