Sold
Last Sold Price
4 beds4 baths
2428 Ferguson Road, Cincinnati, OH 45238
Multi FamilyProperty Type
7,579 sq ftLot Size
1946Year Built
4 carsParking Spaces

Description

Excellent investment opportunity in great rental area - All brick well maintained 4 family, rubber roof installed in 2017, windows are newer, 3 of the 4 units have been updated this past year (carpet/paint) - 4 car garage-newer garage doors - Nice sized units - Tenants pay own elec/gas usage and own window units - coin op W/D stays - Rents well below market and units rent quickly within 1-2 weeksExcellent investment opportunity in great rental area - All brick well maintained 4 family, rubber roof installed in 2017, windows are newer, 3 of the 4 units have been updated this past year (carpet/paint) - 4 car garage-newer garage doors - Nice sized units - Tenants pay own elec/gas usage and own window units - coin op W/D stays - Rents well below market and units rent quickly within 1-2 weeks
Listing closed: 03/04/2022 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1723869

Location

Sold By Keller Williams Seven Hills Re

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$1,472 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,144

Property Taxes

$328

HOA Dues

$0

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Property Information for 2428 Ferguson Road

Property Details
  • Taxes: $3,936 / year
  • MLS Type: Residential Income / Multi Fam 2-4 units
  • Subdivision Name: J L Vattiers Estate
  • Zoning: Residential, Multi Family
  • Zoning Details: Residential, Multi Family
Building Information
  • Residences: 4
  • Year Built: 1946
  • Lot Size: 0.17 AC / 7,579 SF
Summary
Location and General Information
  • MLS Area Major: Hamilton-W04
  • Area Short Name: W04
  • Cross Street: Veazey
  • Directions: Ferguson Road between Glenhills and Queen City Avenue
  • FIPS Code: 61
  • Census Tract: 100.04
Taxes and HOA
  • Has Association: No
  • Other Tax Parcel ID: 2400010272-00
  • Parcel Number: 248-0001-0272-00
  • Semi Annual Taxes: 1968
School Information
  • High School District: Cincinnati City SD
  • School Name 1: Call SD 513-363-0000
  • School Type 1: District Phone
Parking
  • Garage: Built in
  • Garage Spaces: 4.0
  • Open Parking Spaces: 4.0
  • Parking Features: Garage, Onstreet
Property
Lot Information
  • Lot Area: 7579.0
  • Lot Size Acres: 0.174
  • Lot Size Dimensions: 50x150
  • Lot Size Square Feet: 7579.0
  • Lot Size Units: Acres
  • Miscellaneous: Coin Laundry
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: $11.08/half
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 1
  • Validated: Yes
  • Year Built: 1946
Building Features
  • Foundation Details: Poured
  • Levels: Two
  • Structure Type: Quad
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 2556.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Membrane
Interior Features
  • Appliance Include: 4 stoves & 4 fridge, Coin operated W/D
  • Basement: Partial
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Insulated
Multi Family
Multi Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Gross Income: $31,680.00
  • Insurance Expense: $1,992.00
  • Net Operating Income: $21,273.00
  • New Taxes Expense: $3,936.00
  • Water Sewer Expense: $2,223.00
Unit Information
Unit 1
  • Beds Total: 1
  • Full Baths: 1
  • Rent: $660.00
  • Rooms Total: 4
Unit 2
  • Beds Total: 1
  • Full Baths: 1
  • Rent: $660.00
  • Rooms Total: 4
Unit 3
  • Beds Total: 1
  • Full Baths: 1
  • Rent: $660.00
  • Rooms Total: 4
Unit 4
  • Beds Total: 1
  • Full Baths: 1
  • Rent: $660.00
  • Rooms Total: 4
Rental
Rent Information
  • 1 Bedroom Rent: $660.00
  • 1 Bedroom Units: 4
  • 2 Bedroom Sq Ft: 660
  • Heat Paid: Owner
  • Occupancy: At Closing
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: 3 of 4 units12 mo lease, 4th rented soon
  • Occupant Name: Anand B Ramakrishnan
  • Sub Lease: No

Property History for 2428 Ferguson Road

DateEvent & SourcePriceAppreciation
Mar 4, 2022

Sold

MLS of Greater Cincinnati #1723869

$225,000—
Feb 16, 2022

Sold (Public Record)

Public Record #1487742046

$225,000

+22.1% / yr

Dec 2, 2021

Listed (Active)

MLS of Greater Cincinnati #1723869

$229,900—
DateEvent & SourcePrice
03/04/2022

Sold

MLS of Greater Cincinnati #1723869

$225,000
02/16/2022

Sold (Public Record)

Public Record #1487742046

$225,000

+22.1% / yr

12/02/2021

Listed (Active)

MLS of Greater Cincinnati #1723869

$229,900

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

Public Records for 2428 Ferguson Road

Taxable ValueLand$10,780Additions$67,970Total$78,750
Tax Record2025$6,479 ($540 / month)
Home Facts
Total Finished SqFt3,102 SqFtAbove Grade Finished SqFt3,102 SqFtStories2Lot Size7,579 SqFtStyleMulti-Family Res (5+ Units)Year Built1946CountyHAMILTONAPN248-0001-0272-00

Schools near 2428 Ferguson 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
Midway Elementary School
PublicPK to 6

Gilbert A. Dater High School
Public5 to 12

Western Hills University High School
Public7 to 12

Hughes STEM 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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