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Buy a multi-family propertyat 512 E Twelfth St, Cincinnati, OH 45202

$1,125,000

$0/mo

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Multifamily

5,548 Sq. Ft.

2,396 Sq. Ft. lot

298 Days on market

1778407 MLS ID

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About 512 E Twelfth St multi-family property

FOR SALE - Newly renovated 7-unit apartment building in the heart of Pendleton. Fully occupied building: 3 long term renters and 4 short term rental units. High demand location as it is walkable to Casino, stadiums, venues, bars, restaurants, businesses and more. Be a part of the renaissance in Cincy and add this incredibly maintained property to your portfolio. 8 space not yet converted to apartment. Two years remaining on tax abatement. Easily accessible from I-471, I-71/75 and Gilbert Ave.
FOR SALE - Newly renovated 7-unit apartment building in the heart of Pendleton. Fully occupied building: 3 long term renters and 4 short term rental units. High demand location as it is walkable to Casino, stadiums, venues, bars, restaurants, businesses and more. Be a part of the renaissance in Cincy and add this incredibly maintained property to your portfolio. 8 space not yet converted to apartment. Two years remaining on tax abatement. Easily accessible from I-471, I-71/75 and Gilbert Ave.

Property details

Basement

Basement: "Full"

Building

Construction Materials: "Brick"

Living Area: 5548

1 Building

7 Units Total

Property Sub Type: Multi Family

Year Built: 1875

Cooling

Cooling: "Central Air", "Separate Meters"

Disclosures

Disclaimer: Information has not been verified, is not guaranteed and subject to change.

Expenses

Insurance Expense: $3,715

Maintenance Expense: $2,404

Other Expense: 21207

Water Sewer Expense: $1,490

Fence

Fencing: "Privacy"

Fireplaces

Fireplace Features: "Decorative"

Foundation

Foundation Details: "Stone"

Heating

Heating: "Natural Gas", "Electric", "Forced Air", "Heat Pump", "Separate Meters"

Home Owner's Association

Amenities: "Coin Laundry"

Income

Gross Income: $99,347

Net Operating Income: $62,847

Interior Features

Interior Features: "Storage"

Listing

Contract Status Change Date: 2023-07-17

8 cumulative days on market:

8 days on market:

Expiration Date: 2024-01-31

List Price: $1,125,000

Listing Contract Date: 2023-07-17

On Market Date: 2023-07-17

Original Entry Timestamp: 2023-07-17 04:00:00

Original List Price: $1,125,000

Standard Status: Active

Location

City: Cincinnati

County Or Parish: Hamilton

Postal Code: 45202

State Or Province: OH

Lot

Lot Size Acres: 0.055

Lot Size Area: 2396

Lot Size Dimensions: irr

Lot Size Square Feet: 2396

Owner Pays

Owner Pays: "Water"

Parking

Parking Features: "None", "On Street"

Possession

Possession: "Subject To Tenant Rights"

Property

Parcel Number: 075-0003-0125-00

View: "City"

Zoning Types: "Multi-Family"

Zoning: Multi Family

Roof

Roof: "Metal"

Schools

High School District: Cincinnati City SD

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: $5,424

Tenant Pays

Tenant Pays: "Heating"

Utilities

Utilities: "Separate Meters"

Water Source: "Public"

Windows

Window Features: "Wood Frames"

Monthly cost

Estimated monthly cost

$7,919/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,057,500

+$33,750

$1,091,250

Seller agent commission$33,750 (3%)*

$0 (0%)

Buyer agent commission$33,750 (3%)*

$33,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $33,750 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 11, 2024 at 12:07 p.m.

Data updated: Jul 25, 2023 at 8:16 p.m.

Courtesy of J.A. Trautmann Realty, Inc., W, (missing listing office phone) and John Trautmann, (missing agent phone). This data is up-to-date as of 07/25/2023
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by other brokerage firms other than Abode Technologies, Inc. are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity. 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. The broker providing this data believes it to be correct, but advises interested parties to confirm all information before relying on it in a purchase decision.
Listing Information © 2024 MLS of Greater Cincinnati, Inc. All Rights Reserved.

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