5755 Saint Elmo AVE Cincinnati OH 45224

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5755 Saint Elmo AVE

Cincinnati, OH 45224

Suburb: College Hill

$130,000

1,479sqft

Under Contract

Listing Agent

David Welch

513-258-3808

Contact Me

Stephen Welch

513-310-2458

Contact Me

Great addition to portfolio or owner occupied. Close to revitalized College Hill biz district. 2 units, both long term tenants w/ month to month. Off street parking. Steps & porches recently refurbed. Ext. paint updated. Fenced in yard.

Directions

From Hamilton Ave turn east onto Cedar. The fourth street on your right is St. Elmo. Turn there and the house is halfway down the street on the west side.

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Property Details

General Information

Property Type	Residential Income
Style	Duplex
Suburb	College Hill
Zip Code	45224
School District	Cincinnati Public Schools
MLS#	1786521

Additional Information

Levels	Two
Construction	Aluminum Siding, Lap Siding, Wood Siding
Total Acres	0.09
Water	Public
Sewer	Public Sewer
Occupancy	Subject To Tenant Rights
Semi-Annual Taxes	$510.50

Property Features

Property SqFt.	1,479
Basement	Full, Other
Cars	0
Parking	Asphalt, Driveway, Off Street
Windows	Double Hung
Heating	Natural Gas, Radiators
Cooling	None

Additional Features

Appliances	Gas Water Heater, Other, Refrigerator

Multi-Family Information

Parking Spaces	3

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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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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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