NOT LISTED FOR SALE

5686 Folchi Dr Cincinnati, OH 45224

College Hill Neighborhood
10 Beds
4 Baths
3,737 Sq Ft
1900 Built

Last Sold February 13, 2017

Last sale price $125,000 $33 Per Sq Ft

5 Days on Market

About This Home

As of February 2017

The one you've been waiting for! One of College Hill's largest properties! Bringing in over $2800/month with tenants paying all utilities- including water! An absolute cash cow offered at a cap rate unseen in the current market! Will not last long!

Last Agent to Sell the Property

Alexis Melland

Coldwell Banker Realty License #2013000513 Listed on: 01/19/2017

Co-Listed By

Casey Oaks

Horan Rosenhagen Real Estate License #2015003974

Last Buyer's Agent

Alexis Melland

Coldwell Banker Realty License #2013000513 Listed on: 01/19/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 150x150
  • Aluminum or Metal Fence

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,737 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

  • Insurance Expense $1,700
  • Maintenance Expense $3,000
  • Gross Income $33,684
  • Net Operating Income $29,252

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Suburb: College Hill
  • Cross Street: Groesbeck
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Basement Sq Ft: 2086
  • Census Tract Realist: 81.00
  • Cooling: Wall Unit
  • Heating: Gas
  • Lot Area Realist: 13416.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: College Hill
  • Annual Assessment Amount: Of record
  • Year Built: 1900
  • Appliance Include: All stay. Extra app in basement negot
  • Separate Air Condi: Yes
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Hamilton Ave to Groesbeck to street, property on L
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 3
  • Property Subtype 1: Multi Fam 2-4 units
  • StructureType: Triplex
  • Occupancy: Tenant Right
  • Second Floor Area: 1651
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Net Operating Income: 29252.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Gasand Electric: 180
  • Heat Paid: Tenant
  • Lease Information: 1 month-to-month, 2 under 1yr lease
  • Other Features: Home Warranty
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: Of record
  • Water Paid: Tenant
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: Dummy
  • Bldg Sq Ft (Realist): 3737.00
  • Windows: Wood, Vinyl
  • Three+ Bedroom Rent: 935.00
  • Three+ Bedroom Units: 3

Exterior Features

  • Roof: Shingle
  • Construction: Brick, Vinyl Siding
  • Outside Features: Porch, Metal Fence
  • Foundation: Block
  • Listing Price: 135000.00
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking: Lot, Off Street

Utilities

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

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 3000.00

Fee Information

  • Taxes: 551

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 150x150

Multi Family

  • Gross Income: 33684.00
  • Total Buildings: 1
  • Insurance: 1700.00

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 Change Sq Ft Price
05/16/2017 05/16/17 Off Market $125,000 -- --
02/13/2017 02/13/17 Sold $125,000 -7.4% $33 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $135,000 +138.9% $36 / Sq Ft
12/12/2014 12/12/14 Off Market $56,500 -- --
09/11/2014 09/11/14 Sold $56,500 -18.1% $15 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $69,000 -- $18 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alexis Melland

    Coldwell Banker Realty

    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Casey Oaks

    Horan Rosenhagen Real Estate

  • M

    Seller's Agent in 2014

    Mary Anne Oakes Sherry

    Sweet Oak Properties LLC

    Section Image

  • R

    Buyer Co-Listing Agent in 2014

    Robb Harrison

    Sibcy Cline

    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1522879

MLS of Greater Cincinnati (CincyMLS)

APN: 236-0003-0053-00

Ohio Hamilton County Cincinnati 45224 College Hill

5686 Folchi Dr, Cincinnati, OH

This home is located at 5686 Folchi Dr, Cincinnati, OH 45224 since 19 January 2017. This property was built in 1900. 5686 Folchi Dr is a home located in Hamilton County with nearby schools including Pleasant Hill Elementary School, Robert A. Taft Information Technology High School, and Western Hills High School.

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