5710 Montgomery Road

Sold 4/29/11

Sold

Last Sold Price

$385,000

5710 Montgomery Road, Cincinnati, OH 45212

Multi FamilyProperty Type

0.51 acresLot Size

1960Year Built

19 carsParking Spaces

Description

18 large 1BR units offered for 1st time by original builder. Clean well maintained property w/several long-term residents. Below market rents provide opportunity to add value. Excellent visibility on Montgomery Rd w/steady rental history.18 large 1BR units offered for 1st time by original builder. Clean well maintained property w/several long-term residents. Below market rents provide opportunity to add value. Excellent visibility on Montgomery Rd w/steady rental history.

Listing closed: 04/29/2011 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1248514

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Location

Sold By Sibcy Cline, Inc.

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$2,869 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,055

Property Taxes

$814

HOA Dues

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Property Information for 5710 Montgomery Road

Property Details

Taxes: $9,768 / year
MLS Type: Residential Income / Apartment
County: Hamilton County
Zoning: Multi Family
Zoning Details: Multi Family

Building Information

Building/Complex: 5710 Montgomery Rd
Residences: 18
Year Built: 1960

Summary

Location and General Information

MLS Area Major: Hamilton-E05
Area Short Name: E05

Cross Street: Oakleaf
Directions: Ridge, L Woodford, L Montgomery or OH-562W (Norwood Lat), exit 3 toward Montgomery Rd, L Norwood Ave, R Montg
FIPS Code: 61
Census Tract: 57.02

Taxes and HOA

Has Association: No
Other Tax Parcel ID: 121-0001-0091

Parcel Number: 121-0001-0095-00
Semi Annual Taxes: 4884.04
Tax Rate: of Record

School Information

High School District: Cincinnati City SD
School Name 1: Call SD 513-363-0000

School Type 1: District Phone

Parking

Open Parking Spaces: 19.0
Parking Features: Lot

Property

Lot Information

Lot Area: 22085.0
Lot Size Acres: 0.507

Lot Size Dimensions: 122x200
Lot Size Square Feet: 22085.0
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: 2
Validated: Yes
Year Built: 1960

Building Features

Foundation Details: Poured
Levels: Two

Structure Type: Apartment 5+
Has Additional Dwelling Unit: No
Construction Materials: Brick

Utilities

Gas: Natural
Gas and Electric: 15656.0

Sewer: Public Sewer
Water Source: Public

Interior and Exterior Features

Exterior Features

Roof: Shingle

Interior Features

Basement: Full
Cooling: Wall 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: Aluminum

Multi Family

Multi Family Information

Number Of Units Total: 18

Income & Expenses

Gross Income: $93,960.00
Insurance Expense: $2,847.00

Maintenance Expense: $6,815.00
Net Operating Income: $41,833.00
New Taxes Expense: $10,712.00
Water Sewer Expense: $6,701.00

Rental

Rent Information

1 Bedroom Rent: $440.00
1 Bedroom Sq Ft: 672

1 Bedroom Units: 18
Heat Paid: Owner
Occupancy: Tenant Right
Vacancy: $9,396.00
Water Paid: Owner
Has Lease Considered: No
Occupant Name: Owner
Sub Lease: No

Property History for 5710 Montgomery Road

Date	Event & Source	Price	Appreciation
Apr 29, 2011	Sold MLS of Greater Cincinnati #1248514	$385,000	—
Nov 26, 2010	Listed (Active) MLS of Greater Cincinnati #1248514	$425,000	—

Date	Event & Source	Price
04/29/2011	Sold MLS of Greater Cincinnati #1248514	$385,000
11/26/2010	Listed (Active) MLS of Greater Cincinnati #1248514	$425,000

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

Schools near 5710 Montgomery Road

This home is within Cincinnati Public Schools.


Rating	School	Type	Grades	Distance
5/10	Pleasant Ridge Montessori School	Public - Serves this home	PK to 7	0.4 mi
3/10	Gilbert A. Dater High School	Public - Serves this home	5 to 12	9.4 mi
3/10	Withrow University High School	Public - Serves this home	7 to 12	2.6 mi
6/10	Clark Montessori High School	Public - Serves this home	7 to 12	2.7 mi
3/10	Woodward Career Technical High School	Public - Serves this home	7 to 12	1.7 mi
4/10	Academy for Multilingual Immersion Studies	Public - Choice school	PK to 9	1.3 mi
NR	Nativity School	Private - Nearby school	K to 8	0.6 mi


Rating	School	Distance
5/10	Pleasant Ridge Montessori School PublicPK to 7 Serves this home	0.4 mi
3/10	Gilbert A. Dater High School Public5 to 12 Serves this home	9.4 mi
3/10	Withrow University High School Public7 to 12 Serves this home	2.6 mi
6/10	Clark Montessori High School Public7 to 12 Serves this home	2.7 mi
3/10	Woodward Career Technical High School Public7 to 12 Serves this home	1.7 mi
4/10	Academy for Multilingual Immersion Studies PublicPK to 9 Choice school	1.3 mi
NR	Nativity School PrivateK to 8 Nearby school	0.6 mi

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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