311 N College Ave Oxford OH 45056

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311 N College Ave

Oxford, OH 45056

Suburb: Oxford

$1,200,000

7,665sqft

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Listing Agent

Kimberly Thorpe

513-607-6078

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12 Unit Brick Building within walking distance to Oxford's restaurants and shopping. Long term tenants, plenty of off street parking, and Laundry facilities in building combined with well maintained building inside and out make this a good investment opportunity.

Directions

RT 27 North to uptown Oxford. Right on N College Avenue, building on Right.

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Property Details

General Information

Property Type	Multi Family
Style	Apartment 5+ Units
Suburb	Oxford
Zip Code	45056
School District	Talawanda City SD
MLS#	1813766

Additional Information

Levels	2 Story
Construction	Brick
Lot Dimensions	90x172
Total Acres	0.336
Gas	At Street
Water	Public
Sewer	Public
Foundation	Slab
Occupancy	Tenant Right
Semi-Annual Taxes	$3,081.88

Property Features

Property SqFt.	7,665
Basement	Partial
Garage	None
Cars	0
Parking	Lot
Windows	Vinyl, Double Hung
Heating	Baseboard, Electric
Cooling	Wall Unit
Fireplace	None

Additional Features

Appliances	12 each - refrigerator, stove, wall A/C
Other Features	Coin Laundry

Multi-Family Information

Total Units	12
Gross Income	$96,600.00
1 Bedroom Units	12
Parking Spaces	12
Heat Paid	Tenant
Separate Gas & Electric	Yes
Separate Furnace/AC	Yes

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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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311 N College Ave

Oxford, OH 45056

Multi Family: Apartment 5+ Units

Listing # 1813766

Agent Remarks:

Driving Directions:

RT 27 North to uptown Oxford. Right on N College Avenue, building on Right.

Kimberly Thorpe

513-607-6078

kthorpesells@aol.com

Comey & Shepherd

7870 E Kemper Rd, Suite 100

Cincinnati, OH 45249

513-489-2100

513.561.5800

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Listings similar to 311 N College Ave Oxford OH

Listings in other areas similar to 311 N College Ave Oxford OH

More Info

Mortgage Calculator

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311 N College Ave

Oxford, OH 45056

Agent Remarks:

Driving Directions:

Kimberly Thorpe

Comey & Shepherd