2101 Harrison AVE Cincinnati OH 45214

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2101 Harrison AVE

Cincinnati, OH 45214

Suburb: Westwood

$515,000

0bd

0 - 0ba

9,174sqft

Under Contract

Brick 9 unit apartment building, 100% occupied. Units are one bedroom, large closets, living room, dining room, kitchen combo. Off street parking, coin operated washer and dryer on site. Tenant pays electric. Owner pays heat, water, sewer and trash. Seller will be doing a 1031 exchange. - Current average rents are $695 (as of 11/1/23), market rents are closer to $725-$750.

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Property Details

General Information

Property Type	Commercial Sale
Style	Mixed Use
Suburb	Westwood
County	Hamilton
Zip Code	45214
MLS#	1781551

Additional Information

Property SqFt.	9,174
Levels	Multi/Split
Semi-Annual Taxes	$2,816.50

Property Features

Construction	Block, Brick
Lot Dimensions	80.93X180.99
Total Acres	0.33
Water	At Street

Additional Features

Basement	None

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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