2476 Boudinot Ave Cincinnati OH 45238

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2476 Boudinot Ave

Cincinnati, OH 45238

Suburb: Westwood

$319,900

Under Contract - May accept backup offers

Amazing Investment Opportunity in Westwood! Solid Brick Quad with (2) Two Bedroom Units and (2) One Bedroom Units. The property is 3,456 square feet above grade. Lower level contains Tenant Storage, Laundry and a 4 Car Garage. Owner pays water, sewer, trash, and common area electric. Tenants pay for their own utilities.

Directions

Boudinot towards West Tower Avenue - the property is located on the corner. Driveway is located on West Tower Avenue.

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Property Details

General Information

Property Type	Multi Family
Style	Multi Fam 2-4 units
Suburb	Westwood
Zip Code	45238
School District	Cincinnati City SD
MLS#	1823289

Additional Information

Levels	2 Story
Construction	Brick
Total Acres	0.225
Gas	Natural
Water	Public
Sewer	Public
Foundation	Poured
Occupancy	At Closing
Semi-Annual Taxes	$2,567.00

Property Features

Basement	Partial
Garage	Built in, Rear
Cars	4
Parking	Lot, Onstreet, Driveway
Windows	Wood
Heating	Gas, Hot Water
Cooling	Window Unit
Fireplace	None

Additional Features

Appliances	4 Stoves and 4 Refrigerators
Other Features	Coin Laundry

Multi-Family Information

Total Units	4
Gross Income	$33,300.00
1 Bedroom Units	2
2 Bedroom Units	2
Parking Spaces	4
Heat Paid	Tenant
Separate Gas & Electric	Yes
Separate Furnace/AC	No

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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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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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