6225 Cincinnati Brookville Rd Morgan Twp OH 45053

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6225 Cincinnati Brookville Rd

Morgan Twp, OH 45053

Suburb: Morgan Twp

$210,000

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6225 Cincinnati Brookville Rd - MLS# 1813488

This property presents an exceptional business opportunity with three separate parcels included. The main feature is a functioning salon with an original bank vault, offering a unique and secure environment for a variety of commercial uses. The property benefits from a high volume of traffic, making it a great location for a wide range of business.

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Property Details

General Information

Property Type	Commercial
Style	Business Opp
Suburb	Morgan Twp
County	Butler
Zip Code	45053
MLS#	1813488

Additional Information

No. of Buildings	1
Levels	1 Story
Best For	Business
New Construction	No
Lease Only	No
Price/Sq. Ft.	0
Gross Income
Semi-Annual Taxes	$26.78

Property Features

Construction	Brick, Block
Lot Dimensions	162x155
Gas	Natural
Water	Public
Sewer	Public
Foundation	Poured

Additional Features

Basement	Full
Parking	Private, Lot
Heating	Gas
Cooling	Central Air
Access Road	Public

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To determine affordability and approximate loan payments, use the button below to reveal the mortage calculator. Please note that when using the form one of either the 'Down Payment Pct' or 'Amount of Loan' fields, but not both, must be set to zero to complete the calculation.

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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.

The term (duration) of the loan is expressed as a number of months.

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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