5856 5860 Highview Dr Miami Twp OH 45150

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5856 5860 Highview Dr

Miami Twp, OH 45150

Suburb: Miami Twp

$2,500,000

0bd

0 - 0ba

33,390sqft

Under Contract

35 unit apt complex: 11-BR, 21-two BR and 3-three BR. Complex is currently owned by CMHA with a mix of voucher holders and straight rent tenants. Priced below market for fast sale. Tenants pay heat, air, electric and hot water. Coin ops leased thru Jetz. Multiple offer round highest and best due 11/21 9am (seller reserves the right to accept an offer prior to)

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Property Details

General Information

Property Type	Commercial
Style	Commercial
Suburb	Miami Twp
County	Clermont
Zip Code	45150
MLS#	1824216

Additional Information

No. of Buildings	3
Property SqFt.	33,390
Levels	3 Story
New Construction	No
Lease Only	No
Price/Sq. Ft.	0
Gross Income
Semi-Annual Taxes

Property Features

Construction	Brick
Total Acres	3.51
Gas	Natural
Water	Public
Sewer	Public
Foundation	Poured

Additional Features

Basement	None
Heating	Baseboard, Electric
Cooling	Wall Unit
Access Road	Public

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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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