1760 1762 E Mcmillan St Cincinnati OH 45206

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1760 1762 E Mcmillan St

Cincinnati, OH 45206

Suburb: Walnut Hills

$289,000

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In the heart of sought-after East Walnut Hills lies a rare gem, tax abatement qualified double lot, ready for development, with over 12,000 sqft. SF4 zoning requires a minimum of 4,000 sqft for a single-family residence. This parcel stands out for its level topography and generous depth which extends towards a tranquil wooded rear. You must walk it to realize how deep the lot actually is. Surrounded by well-maintained properties, this location can support any range of investment from modest to a dream home. Convenience is key, with local attractions and amenities nearby. Whether you're looking for the vibrant energy of nearby hotspots or the serene beauty of Eden Park, Hyde Park, or Mt. Lookout, everything you need is within easy reach. Plus, downtown access is a breeze, balancing urban convenience and suburban quiet. With endless possibilities, seize this opportunity to shape your vision in one of Cincinnati's established neighborhoods. Buyer to verify and do their own due diligence.

Directions

William Howard Taft to E. McMillian lots on Right.

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Property Details

General Information

Property Type	Land
Style	Single Family Lot
Suburb	Walnut Hills
County	Hamilton
Zip Code	45206
School District	Cincinnati City SD
MLS#	1818690

Features

Total Acres	0.29
Easements	None
Frontage	0
Best For	Resid. Multi Family
Elevation	Flat
Wooded	Partly
Cleared Acreage	0
Wooded Acreage	0
Water	Public
Sewer	Public
Gas	Natural
Transportation	City Street
Semi-Annual Taxes	Of Record

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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.

If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price.

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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