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Buy a multi-family propertyat 901 McPherson Ave Unit 903, Cincinnati, OH 45205

$625,000

$0/mo

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Multifamily

299 Days on market

1777043 MLS ID

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About 901 McPherson Ave Unit 903 multi-family property

INVESTORS!! Looking to upgrade from quads to commercial? Here is your chance!! Cash flowing machine! Perfect add value opportunity. 3 two bedroom units and 5 one bedroom units in the heart of Price Hill! Seconds to Downtown Cincinnati, entertainment, restaurants and more! Don't let the opportunity to add this 8 unit to your portfolio!!
INVESTORS!! Looking to upgrade from quads to commercial? Here is your chance!! Cash flowing machine! Perfect add value opportunity. 3 two bedroom units and 5 one bedroom units in the heart of Price Hill! Seconds to Downtown Cincinnati, entertainment, restaurants and more! Don't let the opportunity to add this 8 unit to your portfolio!!

Property details

Basement

Basement: "Full"

House

Construction Materials: "Brick"

1 Building

8 Units Total

Property Sub Type: Multi Family

Year Built: 1926

Cooling

Cooling: "Window Unit(s)"

Disclosures

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

Expenses

Insurance Expense: $3,409

Maintenance Expense: $7,506

Water Sewer Expense: $8,694

Fireplaces

Fireplace Features: "Decorative"

Foundation

Foundation Details: "Poured"

Heating

Heating: "Natural Gas", "Steam"

Income

Gross Income: $75,060

Net Operating Income: $41,797

Listing

Contract Status Change Date: 2023-07-02

201 cumulative days on market:

1 day on market:

Expiration Date: 2023-12-31

List Price: $625,000

Listing Contract Date: 2023-07-02

On Market Date: 2023-07-02

Original Entry Timestamp: 2023-07-02 17:57:04

Original List Price: $625,000

Special Listing Conditions: "Third Party Approval"

Standard Status: Active

Location

City: Cincinnati

County Or Parish: Hamilton

Postal Code: 45205

State Or Province: OH

Lot

Lot Size Area: 0

Lot Size Dimensions: 100x115

Lot Size Square Feet: 0

Parking

Parking Features: "None", "Parking Lot", "Off Street"

Possession

Possession: "Subject To Tenant Rights"

Property

Parcel Number: 176-0022-0122-00

Roof

Roof: "Built-Up"

Schools

High School District: Cincinnati City SD

Sewer

Sewer: "Public Sewer"

Taxes

New Taxes Expense: $4,711

Tax Annual Amount: $9,428

Utilities

Water Source: "Public"

Windows

Window Features: "Vinyl Window(s)"

Monthly cost

Estimated monthly cost

$4,399/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$587,500

+$18,750

$606,250

Seller agent commission$18,750 (3%)*

$0 (0%)

Buyer agent commission$18,750 (3%)*

$18,750 (3%)*

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

Get $18,750 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: Jul 4, 2023 at 9:16 a.m.

Courtesy of Keller Williams Advisors, (missing listing office phone) and Benjamin Austin, (missing agent phone). This data is up-to-date as of 07/04/2023
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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