Sold
Last Sold Price
2,320 sqft

2656 Banning Road, Cincinnati, OH 45239

Multi FamilyProperty Type
0.16 acresLot Size
1955Year Built
$69/sq ftPrice per sq ft
4 carsParking Spaces

Description

Long term owner retiring, nice triplex with three 2 bed 1 bath units. Long term tenants, rents below market with room to increase. 100% occupied. New roof in 2019Long term owner retiring, nice triplex with three 2 bed 1 bath units. Long term tenants, rents below market with room to increase. 100% occupied. New roof in 2019
  • Listed by: Jennifer M Donathan 513.520.3540 jennifer.donathan@kwcommercial.com Brokerage DRE #2005017114 • Keller Williams Advisors
Listing closed: 01/08/2021 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1674933
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Amenities

  • Driveway
  • Full Basement
  • Off-Street Parking

Location

Listing Courtesy of Keller Williams Advisors
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Payment Calculator

$1,130 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$276

HOA Dues

$0

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Property Information for 2656 Banning Road

Property Details

Building Information

  • Residences: 3
  • Year Built: 1955
  • Lot Size: 0.16 AC / 7,144 SF

Summary

Location and General Information
  • MLS Area Major: Hamilton-W09
  • Area Short Name: W09
  • Cross Street: Colerain Avenue
  • Directions: North on Colerain and Right on Banning, property on left.
  • FIPS Code: 61
  • Census Tract: 207.62
Taxes and HOA
  • Has Association: No
  • Parcel Number: 510-0074-0204-00
  • Semi Annual Taxes: of record
School Information
  • High School District: Northwest Local SD
  • School Name 1: Call SD 513-825-4600
  • School Type 1: District Phone
Parking
  • Open Parking Spaces: 4.0
  • Parking Features: Off Street, Driveway

Property

Lot Information
  • Lot Area: 9278.0
  • Lot Size Acres: 0.164
  • Lot Size Dimensions: .164 acres
  • Lot Size Square Feet: 7144.0
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 2320.0
  • 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: 1955
Building Features
  • Foundation Details: Poured
  • Levels: One
  • Structure Type: Triplex
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick, Vinyl Siding
Utilities
  • Gas: Natural
  • Gas and Electric: 1852.0
  • Sewer: Public Sewer
  • Waste Removal: $408.00
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Roof: Shingle
Interior Features
  • Basement: Full
  • Basement Sq Ft: 1620
  • Cooling: Window Unit
  • Heating: Gas
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Vinyl

Multi Family

Multi Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Gross Income: $22,320.00
  • Insurance Expense: $1,000.00
  • Maintenance Expense: $3,943.00
  • Net Operating Income: $10,476.00
  • New Taxes Expense: $2,146.00
  • Water Sewer Expense: $2,495.00

Rental

Rent Information
  • 2 Bedroom Rent: $625.00
  • 2 Bedroom Sq Ft: 775
  • 2 Bedroom Units: 3
  • Heat Paid: Owner
  • Occupancy: Tenant Right
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 2656 Banning Road

DateEvent & SourcePriceAppreciation
Jan 8, 2021

Sold (Public Record)

Public Record #692181694

$159,900—
Jan 8, 2021

Sold

MLS of Greater Cincinnati #1674933

$159,900—
Sep 3, 2020

Listed (Active)

MLS of Greater Cincinnati #1674933

$159,900—
DateEvent & SourcePrice
01/08/2021

Sold (Public Record)

Public Record #692181694

$159,900
01/08/2021

Sold

MLS of Greater Cincinnati #1674933

$159,900
09/03/2020

Listed (Active)

MLS of Greater Cincinnati #1674933

$159,900

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

Public records

2656 Banning Road

Baths

3

Total Finished SqFt

2,320 SqFt

Above Grade Finished SqFt

1,620 SqFt

Finished Basement SqFt

700 SqFt

Stories

1

Lot Size

7,144 SqFt

Schools near 2656 Banning Road

This home is within Northwest Local School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Struble Elementary School
PublicK to 5

White Oak Middle School
Public6 to 8

Colerain High School
Public9 to 12

Transitions Academy
Public6 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 Keller Williams Advisors

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