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Buy a multi-family propertyat 850 Hutchins Ave, Cincinnati, OH 45229

$325,000

$0/mo

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Multifamily

313 Days on market

1775652 MLS ID

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About 850 Hutchins Ave multi-family property

Incredible cash flowing opportunity in Avondale. HUGE Victorian style triplex. 2 four bedroom units and 1 one bedroom unit. Close to the new development, seconds to Downtown Cincinnati, University of Cincinnati, Xavier University, and the hospitals. Don't miss your chance to make this great cash flowing building to your portfolio!
Incredible cash flowing opportunity in Avondale. HUGE Victorian style triplex. 2 four bedroom units and 1 one bedroom unit. Close to the new development, seconds to Downtown Cincinnati, University of Cincinnati, Xavier University, and the hospitals. Don't miss your chance to make this great cash flowing building to your portfolio!

Property details

Basement

Basement: "Full"

House

Construction Materials: "Brick"

1 Building

3 Units Total

Property Sub Type: Triplex

Unit Types: "Array", "Array", "Array"

Year Built: 1904

Cooling

Cooling: "Wall Unit(s)"

Disclosures

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

Expenses

Insurance Expense: $800

Maintenance Expense: $4,500

Water Sewer Expense: $2,860

Fireplaces

Fireplace Features: "Decorative"

Foundation

Foundation Details: "Stone"

Heating

Heating: "Natural Gas"

Income

Gross Income: $45,000

Net Operating Income: $29,890

Listing

Contract Status Change Date: 2023-06-18

181 cumulative days on market:

3 days on market:

Expiration Date: 2023-12-31

List Price: $325,000

Listing Contract Date: 2023-06-18

On Market Date: 2023-06-18

Original Entry Timestamp: 2023-06-18 17:09:59

Original List Price: $325,000

Special Listing Conditions: "Third Party Approval"

Standard Status: Active

Location

City: Cincinnati

County Or Parish: Hamilton

Postal Code: 45229

State Or Province: OH

Lot

Lot Size Area: 0

Lot Size Dimensions: 50x145

Lot Size Square Feet: 0

Owner Pays

Owner Pays: "Heating", "Water"

Parking

Parking Features: "None", "On Street"

Possession

Possession: "Subject To Tenant Rights"

Property

Parcel Number: 108-0001-0100-00

Roof

Roof: "Shingle"

Schools

High School District: Cincinnati City SD

Sewer

Sewer: "Public Sewer"

Taxes

New Taxes Expense: $1,872

Utilities

Water Source: "Public"

Windows

Window Features: "Wood Frames"

Monthly cost

Estimated monthly cost

$2,288/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$305,500

+$9,750

$315,250

Seller agent commission$9,750 (3%)*

$0 (0%)

Buyer agent commission$9,750 (3%)*

$9,750 (3%)*

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

Get $9,750 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:40 p.m.

Data updated: Jun 21, 2023 at 8:47 p.m.

Courtesy of Keller Williams Advisors, (missing listing office phone) and Benjamin Austin, (missing agent phone). This data is up-to-date as of 06/21/2023
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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