1228 Vanderveer Ave Hamilton OH 45011

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1228 Vanderveer Ave

Hamilton, OH 45011

Suburb: Hamilton East

$179,900

2,071sqft

Active

Lindenwald multi family! Three one bedroom, one bath units. First flr unit rents for $550, second flr unit rents for $625 and owner pays utilities for both. Detached garage was converted to third unit & rents for $650 & tenant pays own utilities. All units are month to month. Updated vinyl windows and siding, roof, furnace, basement has glass block windows. Privacy fenced rear yard and covered front porch. Great investment property with a good rental history.

Directions

North on Rt 4, Left on 129 and right on Vanderveer.

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Property Details

General Information

Property Type	Multi Family
Style	Multi Fam 2-4 units
Suburb	Hamilton East
Zip Code	45011
School District	Hamilton City SD
MLS#	1821086

Additional Information

Levels	2 Story
Construction	Aluminum, Vinyl
Total Acres	0.08
Gas	Natural
Water	Public
Sewer	Public
Foundation	Stone
Occupancy	Tenant Right
Semi-Annual Taxes	$831.00

Property Features

Property SqFt.	2,071
Basement	Full
Garage	None
Cars	0
Parking	Onstreet
Windows	Insulated
Heating	Gas
Cooling	Central Air, Window Unit
Fireplace	None

Additional Features

Multi-Family Information

Total Units	3
Gross Income
1 Bedroom Units	3
Heat Paid	Owner
Separate Gas & Electric	No
Separate Furnace/AC	No

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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

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