Sold
Last Sold Price
759 Ridgeway Avenue, Cincinnati, OH 45229
Multi FamilyProperty Type
1.27 acresLot Size
1970Year Built
41 carsParking Spaces

Description

Three bldgs, 26 - 1 bdrms, 18 - 2 bdrms - each unit has separate furnace but owner pays gas. On busline. Complex has great cash flow potential. Income & expenses are proforma. Sold AS-IS, WHERE-IS.Three bldgs, 26 - 1 bdrms, 18 - 2 bdrms - each unit has separate furnace but owner pays gas. On busline. Complex has great cash flow potential. Income & expenses are proforma. Sold AS-IS, WHERE-IS.
  • Listed by: Jace Stadler 513.503.2222 Jace@fuse.net Brokerage DRE #2003006446 • Comey & Shepherd
Listing closed: 09/10/2010 12:00 AM • Source: MLS of Greater Cincinnati, MLS#: 1199916

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Location

Listing Courtesy of Comey & Shepherd

Sold By Comey & Shepherd

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Payment Calculator

$2,318 per month

30 year fixed, 6.71% Interest

Principal and Interest

$620

Property Taxes

$1,698

HOA Dues

$0

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Property Information for 759 Ridgeway Avenue

Property Details
  • Taxes: $20,370 / year
  • MLS Type: Residential Income / Apartment
  • Subdivision Name: French & Donaldson
  • Zoning: Multi Family
  • Zoning Details: Multi Family
Building Information
  • Building/Complex: 759 Ridgeway Ave
  • Residences: 44
  • Year Built: 1970
Summary
Location and General Information
  • MLS Area Major: Hamilton-E01
  • Area Short Name: E01
  • Cross Street: Reading Road
  • Directions: From Martin Luther King Dr and Reading Road, go North on Reading, (R) Ridgeway
  • FIPS Code: 61
  • Census Tract: 270.0
  • Public Transportation: Metro
Taxes and HOA
  • Has Association: No
  • Parcel Number: 105-0002-0017-00
  • Semi Annual Taxes: 10185.22
  • 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: 41.0
  • Parking Features: Lot
Property
Lot Information
  • Lot Area: 55452.0
  • Lot Size Acres: 1.273
  • Lot Size Dimensions: 180 x 339.12
  • Lot Size Square Feet: 55452.0
  • Lot Size Units: Acres
Property and Assessments
  • 3rd Party Approval Required: No
  • Annual Assessmnt Amount: 33.38 Urban Forestry
  • Has Board Loaded: No
  • Degree Complete: Existing Structure
  • New Construction: No
  • Total Buildings: 3
  • Validated: Yes
  • Year Built: 1970
Building Features
  • Foundation Details: Poured
  • Levels: Three+
  • Structure Type: Apartment 5+
  • Has Additional Dwelling Unit: No
  • Construction Materials: Brick
Utilities
  • Gas: Natural
  • Gas and Electric: 22764.0
  • Sewer: Public Sewer
  • Waste Removal: $2,400.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Heating: Gas, Forced Air
  • Separate Air Conditioner: No
  • Separate Air Conditioner: No
  • Separate Furnace: Yes
  • Separate Gas Electric: Yes
  • Separate Gas Electric: Yes
  • Window Features: Aluminum, Slider
Multi Family
Multi Family Information
  • Number Of Units Total: 44
Income & Expenses
  • Gross Income: $220,440.00
  • Insurance Expense: $7,000.00
  • Maintenance Expense: $22,044.00
  • Net Operating Income: $100,337.00
  • New Taxes Expense: $20,404.00
  • Other Expense: $10,200.00
  • Water Sewer Expense: $24,269.00
Rental
Rent Information
  • 1 Bedroom Rent: $395.00
  • 1 Bedroom Units: 26
  • 2 Bedroom Rent: $450.00
  • 2 Bedroom Units: 18
  • Heat Paid: Owner
  • Occupancy: Tenant Right
  • Vacancy: $11,022.00
  • Water Paid: Owner
  • Has Lease Considered: No
  • Sub Lease: No

Property History for 759 Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Sep 10, 2010

Sold

MLS of Greater Cincinnati #1199916

$120,000
Dec 3, 2009

Listed (Active)

MLS of Greater Cincinnati #1199916

$375,000
Dec 1, 2009

Permanently Off Market

MLS of Greater Cincinnati #1192692

$455,900
DateEvent & SourcePrice
09/10/2010

Sold

MLS of Greater Cincinnati #1199916

$120,000
12/03/2009

Listed (Active)

MLS of Greater Cincinnati #1199916

$375,000
12/01/2009

Permanently Off Market

MLS of Greater Cincinnati #1192692

$455,900

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

Public Records for 759 Ridgeway Avenue

Taxable ValueLand$37,062Additions$153,034Total$190,096
Tax Record2021$19,695 ($1,641 / month)
Home Facts
Total Finished SqFt9,300 SqFtAbove Grade Finished SqFt9,300 SqFtUnfinished Basement SqFt623 SqFtStories2Lot Size55,452 SqFtStyleMulti-Family Res (5+ Units)Year Built1970CountyHAMILTONAPN105-0002-0017-00

Schools near 759 Ridgeway Avenue

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
South Avondale Elementary School
PublicPK to 6

Gilbert A. Dater High School
Public5 to 12

Hughes STEM High School
Public7 to 12

Withrow University 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 Comey & Shepherd

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