NOT LISTED FOR SALE

7211 Plainfield Rd Cincinnati, OH 45236

-- Bed
-- Bath
3,600 Sq Ft
6,316 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $401,000 $111 Per Sq Ft

8 Days on Market

About This Home

As of December 2020

We are proud to present an Immaculate 5-Unit Multifamily located in the Deer Park Submarket. The property consists of Two [2] 2BR|1BA, Two [2] 1BR|1BA, and One [1] Efficiency units. 7.56% Cap Rate on Actuals, & a 12.46% Cash-on-Cash Return. Each unit has separate utilities as landlord pays Heat/Water and tenants pay Electric. All of the units have been updated, see Cap X page in our marketing package. Value Add Opportunity by raising all rents up to market. Four Car Garage, and on-site laundry

Last Agent to Sell the Property

Brian Coyle

3CRE Advisors, LLC License #2018002440 Listed on: 11/09/2020

Co-Listed By

Tryfon Christoforou

3CRE Residential Advisors, LLC License #2021003683

Last Buyer's Agent

Gregory Tassone

Coldwell Banker Realty License #0000435279

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1954

Lot Details

  • 6,316

Parking

  • 4 Car Detached Garage
  • 5 Open Parking Spaces
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Gas
  • Separate Meters

Community Details

Amenities

  • Coin Laundry

Building Details

  • Insurance Expense $1,250
  • Maintenance Expense $2,576
  • Water Sewer Expense $2,731
  • Gross Income $44,760
  • Net Operating Income $27,213

Property Details

Home Type

Condominium

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Suburb: Deer Park
  • Degree Complete: Existing Structure
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Cooling: Window Unit
  • Heating: Gas, Electric
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Deer Park
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 2765517.24
  • Year Built: 1954
  • Appliance Include: Refrigerator, Stove, Thru Window AC Unit
  • Separate Air Condi: No
  • Separate Gas Elect: Yes
  • School 1 Type: District Phone
  • Directions: Take I-71 N till Exit 10 for Stewart Rd. Turn R onto Stewart Ave, Turn L on Montgomery Rd, then Turn L onto Plainfield Rd. Property is on the Left.
  • Lot Measurement: Acres
  • Status: Sold
  • Total Units: 5
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Occupancy: At Closing
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Net Operating Income: 27213.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 2217
  • Efficiency Sq Ft: 500
  • Gasand Electric: 2484
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • School Name1: Call SD 513-891-0222
  • Semi Annual Taxes: Of Record
  • Waste Removal: 384
  • Water Paid: Owner
  • Basement: Full
  • Levels: Two
  • Zero Selling Price: No
  • Fireplace: None
  • Bldg Sq Ft (Realist): 3600.00
  • Windows: Insulated, Vinyl
  • One Bedroom Rent: 705.00
  • One Bedroom Sq Ft: 700
  • One Bedroom Number of Units: 2
  • Two Bedroom Rent: 862.00
  • Two Bedroom Sq Ft: 850
  • Two Bedroom Units: 2

Exterior Features

  • Roof: Shingle
  • Construction: Brick
  • Foundation: Poured
  • Listing Price: 360000.00
  • Acres: 0.1450
  • New Construction: No

Garage/Parking

  • Garage: Detached, Rear
  • Garage Spaces: 4.00
  • Parking Spaces: 5
  • Parking: Garage, Off Street, Assigned, Driveway

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 2731

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 2576.00

Fee Information

  • Taxes: 5905

Schools

  • District: Deer Park Community

Lot Info

  • Lot Dimensions: Of Record
  • Lot Size Sq Ft: 6316.00

Multi Family

  • Efficiency Rent: 560.00
  • Efficiency Units: 1
  • Gross Income: 44760.00
  • Total Buildings: 1
  • Insurance: 1250.00

Range of Values:

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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
03/04/2021 03/04/21 Off Market $401,000 -- --
12/04/2020 12/04/20 Sold $401,000 +11.4% $111 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $360,000 -- $100 / Sq Ft
Source: MLS of Greater Cincinnati (CincyMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Coyle

    3CRE Advisors, LLC

  • Tryfon Christoforou

    Seller Co-Listing Agent in 2020

    Tryfon Christoforou

    3CRE Residential Advisors, LLC

    (513) 600-6168

    1 in this area

    43 Total Sales

    Section Image
  • Gregory Tassone

    Buyer's Agent in 2020

    Gregory Tassone

    Coldwell Banker Realty

    (513) 607-6400

    3 in this area

    83 Total Sales

    Section Image
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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1682456

MLS of Greater Cincinnati (CincyMLS)

Ohio Hamilton County Cincinnati 45236

7211 Plainfield Rd, Cincinnati, OH

This home is located at 7211 Plainfield Rd, Cincinnati, OH 45236 since 09 November 2020. This property was built in 1954. 7211 Plainfield Rd is a home located in Hamilton County with nearby schools including Amity Elementary School, Deer Park Jr/Sr High School, and Ohr Torah Cincinnati.

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