Sold
Last Sold Price

1989 Madison Road, Cincinnati, OH 45208

Multi FamilyProperty Type
1928Year Built

Description

Mixed-use bldng has 12 residential units and 1 commercial unit, 100% occupied, & centrally located in historic O'Bryonville business district. Residential units are unique & charming, & the commercial unit benefits from a strong frontage & street presence. The business district benefits from off-street parking, controlled by business association.Mixed-use bldng has 12 residential units and 1 commercial unit, 100% occupied, & centrally located in historic O'Bryonville business district. Residential units are unique & charming, & the commercial unit benefits from a strong frontage & street presence. The business district benefits from off-street parking, controlled by business association.
Listing closed: 11/30/2017 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1553845
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Location

Listing Courtesy of Coldwell Banker Realty

Sold By Reinvest Consultants, LLC

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Payment Calculator

$6,675 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,419

Property Taxes

$1,256

HOA Dues

$0

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Property Information for 1989 Madison Road

Property Details

  • Taxes: $15,072 / year
  • MLS Type: Residential Income / Apartment
  • Zoning: Multi Family
  • Zoning Details: Multi Family

Building Information

  • Building/Complex: 1989 Madison Rd
  • Residences: 13
  • Year Built: 1928

Summary

Location and General Information
  • MLS Area Major: Hamilton-E01
  • Area Short Name: E01
  • Cross Street: Cohoon
  • Directions: On Madison Road in O'Bryonville.
  • FIPS Code: 61
  • Latitude: 39.131687
  • Longitude: -84.463371
  • Census Tract: 42.0
Taxes and HOA
  • Has Association: No
  • Parcel Number: 056-0004-0061-00
  • Semi Annual Taxes: $7, 535.78
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Parking Features: Onstreet

Property

Lot Information
  • Lot Area: 3049.0
  • Lot Size Dimensions: .070
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry
Property and Assessments
  • 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: 1928
Building Features
  • Foundation Details: Stone
  • Levels: Three+
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Roof: Membrane
Interior Features
  • Basement: Full
  • Cooling: Window Unit
  • Heating: Electric, Baseboard
  • Interior Features: Intercom, Storage Area
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Vinyl

Multi Family

Multi Family Information
  • Number Of Units Total: 13
Income & Expenses
  • Gross Income: $123,055.00
  • Net Operating Income: $82,179.00

Rental

Rent Information
  • 1 Bedroom Rent: $710.50
  • 1 Bedroom Units: 10
  • 2 Bedroom Rent: $1,057.50
  • 2 Bedroom Units: 2
  • Heat Paid: Tenant
  • Occupancy: Tenant Right
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 1989 Madison Road

DateEvent & SourcePriceAppreciation
Nov 30, 2017

Sold

MLS of Greater Cincinnati #1553845

$1,015,000—
Sep 15, 2017

Listed (Active)

MLS of Greater Cincinnati #1553845

$990,000—
Sep 30, 2004

Sold (Public Record)

Public Record #160978988

$460,800—
DateEvent & SourcePrice
11/30/2017

Sold

MLS of Greater Cincinnati #1553845

$1,015,000
09/15/2017

Listed (Active)

MLS of Greater Cincinnati #1553845

$990,000
09/30/2004

Sold (Public Record)

Public Record #160978988

$460,800

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

Public records

1989 Madison Road

Total Finished SqFt

7,540 SqFt

Above Grade Finished SqFt

7,540 SqFt

Stories

3

Lot Size

3,049 SqFt

Style

Miscellaneous Commercial

Year Built

1928

Schools near 1989 Madison Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Evanston Academy Elementary School
PublicPK to 6

Gilbert A. Dater High School
Public5 to 12

Walnut Hills High School
Public7 to 12

Clark Montessori 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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Listing Courtesy of Coldwell Banker Realty

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