7604 Reading Road

Cincinnati, OH 45237

$80,000
Last Sold Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold 12/23/09
Sold 12/23/09

Description

38 apartments, 2 large store fronts. Many units rent ready. Make an offer. Income based on past expenses and projected income. Potential 36% cap rate. 100% vacant, bring offer! Only cash offers considered.38 apartments, 2 large store fronts. Many units rent ready. Make an offer. Income based on past expenses and projected income. Potential 36% cap rate. 100% vacant, bring offer! Only cash offers considered.
  1. Listed by Adam Sanregret • Huff Realty
    P: (513)-259-3001 team@sanregret.com

Property Details for 7604 Reading Road

Zoning
See Remarks
Zoning Details
See Remarks
LISTING CLOSED: 12/23/2009 12:00 AM

Property Details for 7604 Reading Road

StatusSold
MLS #1167087
Days on Market258
Pet Policy-
Taxes$12,976 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1938
CountyHamilton County
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Location

Listing Courtesy of Huff Realty

Sold By A B Realty

Add your commute

Building Information for 7604 Reading Road

Building/Complex7604 Reading RdFloor-Stories-Residences40Pet Policy-Pet Policy Details-Year Built1938Building Size-

Payment Calculator

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$1,488 per month

30 year fixed, 6.55% Interest

Principal and Interest

$407

Property Taxes

$1,081

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7604 Reading Road

Summary
Location and General Information
  • MLS Area Major: Hamilton-E02
  • Area Short Name: E02
  • Cross Street: Norwood Latheral
  • Directions: Reading Rd North of Norwood Lateral
  • FIPS Code: 61
  • Census Tract: 110.0
Taxes and HOA
  • Has Association: No
  • Parcel Number: 117-0010-0006-00
  • Semi Annual Taxes: 6488
  • 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: 40.0
  • Parking Features: Lot
Property
Lot Information
  • Lot Area: 27878.0
  • Lot Size Acres: 0.64
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 27878.0
  • 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: 1938
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: 12976.0
  • Sewer: Public Sewer
  • Waste Removal: $10,000.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Roof: Membrane
Interior Features
  • Basement: Full
  • Cooling: Window Unit
  • Heating: Gas, Hot Water
  • Window Features: Insulated, Double Hung, Vinyl
Multi Family
Multi Family Information
  • Number Of Units Total: 40
Income & Expenses
  • Gross Income: $195,180.00
  • Insurance Expense: $2,500.00
  • Maintenance Expense: $30,000.00
  • Net Operating Income: $106,026.00
  • New Taxes Expense: $12,976.00
  • Water Sewer Expense: $1,200.00
Rental
Rent Information
  • 1 Bedroom Rent: $380.00
  • 1 Bedroom Sq Ft: 700
  • 1 Bedroom Units: 33
  • 2 Bedroom Rent: $425.00
  • 2 Bedroom Sq Ft: 900
  • 2 Bedroom Units: 1
  • Efficiency Rent: $325.00
  • Efficiency Sq Ft: 600
  • Efficiency Units: 4
  • Occupancy: Immediate
  • Vacancy: $19,518.00
  • Has Lease Considered: No
  • Lease Information: 4 units leased mo to mo. both stores vac
  • Occupant Name: Occupant
  • Sub Lease: No

Property History for 7604 Reading Road

DateEvent & SourcePriceAppreciation
Dec 30, 2009

Sold (Public Record)

Public Record #317350929

$80,000—
Dec 23, 2009

Sold

MLS of Greater Cincinnati #1167087

$80,000—
Mar 27, 2009

Listed (Active)

MLS of Greater Cincinnati #1167087

$299,000—
DateEvent & SourcePrice
12/30/2009

Sold (Public Record)

Public Record #317350929

$80,000
12/23/2009

Sold

MLS of Greater Cincinnati #1167087

$80,000
03/27/2009

Listed (Active)

MLS of Greater Cincinnati #1167087

$299,000

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

Public Records for 7604 Reading Road

Taxable ValueLand$54,421Additions$199,700Total$254,121
Tax Record2025$21,076 ($1,756 / month)
Home Facts
Total Finished SqFt19,542 SqFtAbove Grade Finished SqFt19,542 SqFtStories2Lot Size27,878 SqFtStyleOffice BuildingYear Built1937CountyHAMILTONAPN117-0010-0006-00

Schools near 7604 Reading Road

This home is within Cincinnati Public Schools.
Rating
School
Type
Grades
Distance
Roselawn Condon Elementary School
Public - PK to 9
Gilbert A. Dater High School
Public - 5 to 12
Withrow University High School
Public - 7 to 12
Walnut Hills High School
Public - 7 to 12
Rating
School
Distance
Roselawn Condon Elementary School
PublicPK to 9

Gilbert A. Dater High School
Public5 to 12

Withrow University High School
Public7 to 12

Walnut Hills 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Huff Realty

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