Last Sold Price
5724 Lester Road, Cincinnati, OH 45213

Description

5 unit apartment building in Pleasant Ridge! 4, two bedroom units & 1 efficiency. 2 car built in garage & 4 parking spaces in wide driveway + on street parking! Solid investment! Same owner for over 40 years! Long term tenants w/ month to month leases! Rents are below market! Hurry this great opportunity, wont last long!5 unit apartment building in Pleasant Ridge! 4, two bedroom units & 1 efficiency. 2 car built in garage & 4 parking spaces in wide driveway + on street parking! Solid investment! Same owner for over 40 years! Long term tenants w/ month to month leases! Rents are below market! Hurry this great opportunity, wont last long!
LISTING CLOSED: 09/29/2017 12:00 AM

  1. Listed by Hugh L McDonough • Brokerage DRE #2016006285 • Kemba Realty, Inc.
    P: (513)-236-8871 hugh@lohmillerrealestate.com

Property Details for 5724 Lester Road

Status
MLS #
1543978
Days on Market
2
Pet Policy
-
Taxes
$5,090 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Apartment
Year Built
1946

Amenities

  • Driveway
  • Forced Air
  • Full Basement
  • Garage
  • Off-Street Parking
  • Street Parking

Location

Listing Courtesy of Kemba Realty, Inc.

Sold By Keller Williams Advisors

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Building Information for 5724 Lester Road

Building/Complex5724 Lester RdFloor-Stories-Residences5Pet Policy-Pet Policy Details-Year Built1946Building Size-

Payment Calculator

$1,593 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,169

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5724 Lester Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E05
  • Area Short Name: E05
  • Directions: Montgomery to Lester
  • FIPS Code: 61
  • Latitude: 39.176659
  • Longitude: -84.431442
  • Census Tract: 57.02
Taxes and HOA
  • Has Association: No
  • Parcel Number: 123-0002-0209-00
  • Semi Annual Taxes: $2545.00
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: 2.0
  • Open Parking Spaces: 6.0
  • Parking Features: Garage, Off Street
Property
Lot Information
  • Lot Area: 7841.0
  • Lot Size Dimensions: 51x145
  • Lot Size Units: Acres
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: 1946
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: 4450.0
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Appliance Include: 5 stoves, 5 refrigerators, 9 wind a/c unit
  • Basement: Full
  • Cooling: Window Unit
  • Heating: Gas, Forced Air
  • Separate Air Conditioner: Yes
  • Separate Air Conditioner: Yes
  • Separate Furnace: No
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Insulated, Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Gross Income: $30,000.00
  • Insurance Expense: $1,400.00
  • Maintenance Expense: $600.00
  • Net Operating Income: $15,160.00
  • New Taxes Expense: $5,090.00
  • Water Sewer Expense: $3,300.00
Rental
Rent Information
  • 2 Bedroom Rent: $550.00
  • 2 Bedroom Units: 4
  • Efficiency Rent: $300.00
  • Efficiency Units: 1
  • Heat Paid: Owner
  • Occupancy: Tenant Right
  • Water Paid: Owner
  • Has Lease Considered: No
  • Lease Information: tenants lng term lease mo to mo low ren
  • Sub Lease: No

Property History for 5724 Lester Road

DateEvent & SourcePriceAppreciation
Sep 29, 2017

Sold

MLS of Greater Cincinnati #1543978

$230,000—
Sep 28, 2017

Sold (Public Record)

Public Record #614663722

$224,000—
Jun 29, 2017

Listed (Active)

MLS of Greater Cincinnati #1543978

$230,000—
DateEvent & SourcePrice
09/29/2017

Sold

MLS of Greater Cincinnati #1543978

$230,000
09/28/2017

Sold (Public Record)

Public Record #614663722

$224,000
06/29/2017

Listed (Active)

MLS of Greater Cincinnati #1543978

$230,000

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

Public Records for 5724 Lester Road

Taxable ValueLand$20,825Additions$71,897Total$92,722
Tax Record2025$7,744 ($645 / month)
Home Facts
Total Finished SqFt3,944 SqFtAbove Grade Finished SqFt3,944 SqFtStories2Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1946CountyHAMILTONAPN123-0002-0209-00

Schools near 5724 Lester Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 5 to 12
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
Pleasant Ridge Montessori School
PublicPK to 7

Gilbert A. Dater High School
Public5 to 12

Woodward Career Technical 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 Kemba Realty, Inc.

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