2437 Robertson AVE Cincinnati OH 45212

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2437 Robertson AVE

Cincinnati, OH 45212

Suburb: Norwood

$365,000

2,000sqft

Under Contract

RARE duplex in a highly desirable LOCATION. This Norwood 2 family is located on Robertson Ave, adjacent to green space and two blocks from the fabulous new development, Factory 52, offering an abundance of shops and restaurants. A short jaunt to Oakley Square and highway access makes this an IDEAL LOCATION. Extremely HIGH DEMAND area! In-unit laundry and central air! Low tenant turnover. This property has had the same tenants since 2018. Currently occupied. Historically very low maintenance costs, very little capex needed due to recent renovations. Turnkey with potential!!! Unit 1 is 1BR/1BA fully renovated. Unit 2 is a 3BR/1BA fully renovated. Separate meters! Bring to market rent and refinance in the future to significantly increase cash flow. Take advantage of significant opportunity to raise rents and significantly boost NOI. Owner/Agent Listing.

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Property Details

General Information

Property Type	Residential Income
Style	Duplex
Suburb	Norwood
Zip Code	45212
School District	Norwood City Schools
MLS#	1783381

Additional Information

Levels	Three Or More
Construction	Brick
Total Acres	0
Water	Public
Foundation	Block
Occupancy	Subject To Tenant Rights
Semi-Annual Taxes	$1,003.00

Property Features

Property SqFt.	2,000
Basement	Concrete, Full, Walk-Out Access
Cars	0
Parking	Driveway
Windows	Double Hung
Heating	Central
Cooling	Central Air

Additional Features

Appliances	Built-In Gas Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Other, Refrigerator, Washer

Multi-Family Information

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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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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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