Last Sold Price
8 beds4 baths3,494 sqft$45/sqft
1620 Summit RoadCincinnati, OH45237

Description

Contains a unit mix of Four [4] 2BR|1BA units. The building is 100% occupied, strong occupancy history. 3 of the units have been remodeled with new kitchens,updated lighting,new appliances, new carpet, and updated bathrooms. Tenants are responsible for paying their own electric with each unit being separately metered. Potential 5th unit in basemenContains a unit mix of Four [4] 2BR|1BA units. The building is 100% occupied, strong occupancy history. 3 of the units have been remodeled with new kitchens,updated lighting,new appliances, new carpet, and updated bathrooms. Tenants are responsible for paying their own electric with each unit being separately metered. Potential 5th unit in basemen
LISTING CLOSED: 02/26/2019 12:00 AM

  1. Listed by Tryfon T Christoforou • Brokerage DRE #2020002170 • 3CRE Commercial Real Estate
    P: (513)-490-6881 tryf@3cre.com
  2. Listed by Brian Coyle • 3CRE Commercial Real Estate

Property Details for 1620 Summit Road

Status
MLS #
1597229
Days on Market
114
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi Fam 2-4 units
Year Built
1953
Lot Size
0.33 AC / 14,157 SF
Zoning
Multi Family
Zoning Details
Multi Family

Location

Listing Courtesy of 3CRE Commercial Real Estate

Sold By 3CRE Commercial Real Estate

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Building Information for 1620 Summit Road

Stories-Residences4Year Built1953Building Size-Lot Size0.33 AC / 14,157 SF

Payment Calculator

$1,002 per month

30 year fixed, 6.55% Interest

Principal and Interest

$793

Property Taxes

$209

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1620 Summit Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E02
  • Area Short Name: E02
  • Directions: Ronald Reagan HWY to Galbraith RD Exit - R on E Galbraith - L on Reading RD - R on Summit
  • FIPS Code: 61
  • Latitude: 39.202522
  • Longitude: -84.458572
  • Census Tract: 110.0
Taxes and HOA
  • Has Association: No
  • Parcel Number: 117-0014-0192-00
  • Semi Annual Taxes: of record
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Garage: Detached
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features: Garage, Off Street, Driveway
Property
Lot Information
  • Lot Area: 14157.0
  • Lot Size Acres: 0.325
  • Lot Size Dimensions: of record
  • Lot Size Square Feet: 14157.0
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry, Cable TV, Smoke Alarm
Property and Assessments
  • Living Area: 3494.0
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: of record
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1953
Building Features
  • Foundation Details: Poured
  • Levels: Two
  • Structure Type: Quad
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 3116.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Appliance Include: Stove, Refrigerator
  • Basement: Full
  • Cooling: Window Unit
  • Heating: Gas
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Insulated, Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $30,450.00
  • Insurance Expense: $1,198.00
  • Maintenance Expense: $1,200.00
  • Net Operating Income: $15,514.00
  • New Taxes Expense: $3,080.00
  • Other Expense: $1,200.00
  • Water Sewer Expense: $5,142.00
Unit Information
Unit 1
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $700.00
  • Rooms Total: 5
Unit 2
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $650.00
  • Rooms Total: 5
Unit 3
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $700.00
  • Rooms Total: 5
Unit 4
  • Beds Total: 2
  • Full Baths: 1
  • Rent: $625.00
  • Rooms Total: 5
Rental
Rent Information
  • 2 Bedroom Rent: $700.00
  • 2 Bedroom Units: 4
  • Heat Paid: Tenant
  • Occupancy: Tenant Right
  • Vacancy: $1,590.00
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: Year Leases
  • Sub Lease: No

Property History for 1620 Summit Road

DateEvent & SourcePriceAppreciation
Feb 26, 2019

Sold

MLS of Greater Cincinnati #1597229

$156,000—
Feb 19, 2019

Sold (Public Record)

Public Record #644744423

$156,000

+7.2% / yr

Sep 24, 2018

Listed (Active)

MLS of Greater Cincinnati #1597229

$165,000—
DateEvent & SourcePrice
02/26/2019

Sold

MLS of Greater Cincinnati #1597229

$156,000
02/19/2019

Sold (Public Record)

Public Record #644744423

$156,000

+7.2% / yr

09/24/2018

Listed (Active)

MLS of Greater Cincinnati #1597229

$165,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1620 Summit Road

Taxable ValueLand$7,700Additions$70,445Total$78,145
Tax Record2025$2,503 ($209 / month)
Home Facts
Total Finished SqFt3,494 SqFtAbove Grade Finished SqFt3,494 SqFtStories2Lot Size14,157 SqFtStyleClubsYear Built1953CountyHAMILTONAPN117-0014-0192-00

Schools near 1620 Summit Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 9
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Roselawn Condon Elementary School
PublicPK to 9

Gilbert A. Dater High School
Public5 to 12

Withrow University High School
Public7 to 12

Walnut Hills High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 3CRE Commercial Real Estate

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