NOT LISTED FOR SALE
Studio
-- Bath
374 Sq Ft
42,549 Sq Ft

Last Sold December 29, 2020

Last sale price $2,540,000 $6,791 Per Sq Ft

428 Days on Market

Highlights

  • 0.98 Acre Lot
  • Walnut Hills High School Rated A+
  • Heating Available

About This Home

As of December 2020

Plum Tree Commercial is pleased to present an amazing opportunity for an investor to own this remodeled 46 units in Clifton Heights! This asset has a tax abatement until 2025, and has 10 studios ($535 +$60), 26 one bedrooms($635 +$60), and 10 two bedrooms($835+ $60). All tenants pay an additional $60 for water, trash, wifi, cable! New Roofs 2020!

Last Agent to Sell the Property

Ali Abdur-Rahman

Plum Tree Realty License #2004006274 Listed on: 08/12/2019

Plum Tree Realty

Last Buyer's Agent

Victor Byrum

Transaction Alliance LLC License #2013000439

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 0.98

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing

Interior Spaces

  • 374 Sq Ft Home
  • 2-Story Property

Parking

  • 30 Open Parking Spaces
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • Insurance Expense $7,634
  • Maintenance Expense $16,068
  • Other Expense $24,000
  • Water Sewer Expense $11,963
  • Gross Income $285,897
  • Net Operating Income $210,589

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0.98 Acres

Listing Details

  • Suburb: Clifton
  • Degree Complete: Renovation
  • Broker Approved: Yes
  • Census Tract Realist: 29.00
  • Cooling: Window Unit
  • Heating: Electric
  • Lot Area Realist: 42548.00
  • Suburb S I C: Clifton
  • Price Per Acre: 2600327.60
  • Year Built: 1963
  • School 1 Type: District Phone
  • Directions: North on Clifton, right on Straight Street
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 46
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: Tenant Right
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 210589.00
  • Property Type: Residential Income
  • Gasand Electric: 8382
  • Reciprocal Listing: No
  • School Name1: Call SD 513-363-0000
  • Semi Annual Taxes: Of Record
  • Waste Removal: 1378
  • Basement: None
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 374.00
  • Street Number Modifier: 660
  • Windows: Aluminum
  • One Bedroom Rent: 635.00
  • One Bedroom Number of Units: 26
  • Two Bedroom Rent: 835.00
  • Two Bedroom Units: 10

Exterior Features

  • Roof: Membrane
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 2750000.00
  • Acres: 0.9768
  • New Construction: No

Garage/Parking

  • Garage: None
  • Parking Spaces: 30
  • Parking: Assigned

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 11963

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 16068.00

Fee Information

  • Taxes: 5883

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 314X109
  • Lot Size Sq Ft: 42549.00

Multi Family

  • Efficiency Rent: 535.00
  • Efficiency Units: 10
  • Gross Income: 285897.00
  • Other Expense: 24000
  • Total Buildings: 2
  • Insurance: 7634.00
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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
03/30/2021 03/30/21 Off Market $2,540,000 -- --
12/29/2020 12/29/20 Sold $2,540,000 -7.6% $6,791 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
08/23/2020 08/23/20 For Sale $2,750,000 0.0% $7,353 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $2,750,000 0.0% $7,353 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
08/12/2019 08/12/19 For Sale $2,750,000 -- $7,353 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1633859

MLS of Greater Cincinnati (CincyMLS)
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