3443 3445 Cornell Pl Cincinnati OH 45220

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3443 3445 Cornell Pl

Cincinnati, OH 45220

Suburb: Clifton

$675,000

5,225sqft

Active

Listing Agent

Julz Brown

513-237-1072

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Great Rental area with 10 units in two buildings. Front building offers 6 units with 4 two beds and 2 one bed units. The rear building has 4 one bed units. Various updates over the years including newer boiler but does need some love as reflected in the price. Units are always rented. Has off street parking and plenty of street parking. Tenants pay electric, Owner pays heat & water.

Directions

Ludlow to street.

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Property Details

General Information

Property Type	Multi Family
Style	Apartment 5+ Units
Suburb	Clifton
Zip Code	45220
School District	Cincinnati City SD
MLS#	1824223

Additional Information

Levels	3 Story
Construction	Brick, Vinyl
Lot Dimensions	15 x 158
Total Acres	0.273
Gas	Natural
Water	Public
Sewer	Public
Foundation	Block
Occupancy	Tenant Right
Semi-Annual Taxes	$6,908.00

Property Features

Property SqFt.	5,225
Basement	Full
Garage	None
Cars	0
Parking	Off Street
Windows	Wood
Heating	Gas, Radiant, Steam
Cooling	Window Unit
Fireplace	Inoperable

Additional Features

Appliances	Stoves,fridge window A/C,coin-op leased
Other Features	Coin Laundry

Multi-Family Information

Total Units	10
Gross Income	$109,800.00
1 Bedroom Units	6
2 Bedroom Units	4
Parking Spaces	4
Heat Paid	Owner
Separate Gas & Electric	Yes
Separate Furnace/AC	No

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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.)

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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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