3552 Brotherton Rd Cincinnati OH 45209

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3552 Brotherton Rd

Cincinnati, OH 45209

Suburb: Oakley

$550,000

Under Contract - May accept backup offers

Turnkey multifamily in Oakley. Completely updated 4 family building down the street from new developments, Madtree and Oakley Square. All units have been updated. 1 unit is vacant leaving a prime opportunity for owner-occupant or investor. All four 1-bed units each ~650 sqft. Hardwoods throughout. Tenants pay electric and through-wall AC, owner pays water and boiler heat. New Roof 2024. Rent roll, expense info and mechanical notes and proforma attached. Agent/Owner

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Property Details

General Information

Property Type	Multi Family
Style	Multi Fam 2-4 units
Suburb	Oakley
Zip Code	45209
School District	Cincinnati City SD
MLS#	1821698

Additional Information

Levels	2 Story
Construction	Brick
Total Acres	0.363
Gas	Natural
Water	Public
Sewer	Public
Foundation	Poured
Occupancy	Tenant Right
Semi-Annual Taxes	$3,075.00

Property Features

Basement	Full
Garage	Built in
Cars	4
Parking	Onstreet, Driveway
Windows	Vinyl
Heating	Baseboard, Hot Water
Cooling	Wall Unit
Fireplace	None

Additional Features

Other Features	Coin Laundry

Multi-Family Information

Total Units	4
Gross Income	$58,090.00
1 Bedroom Units	4
Parking Spaces	4

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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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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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