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$129,000
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Property Description
Great Investment Opportunity - This three family building has tons of potential. 2 out of 3 units are rented and gross nearly $20,000 income per year. Unit #3 needs light rehab to be rent ready. All tenants are month to month. Unit #2 & Unit #3 have been remodeled with newer bathrooms, kitchens & flooring. Units are all 1 bedrooms and rent for $850 and $750. Tenants pay electric and owner pays gas/water. Gas, electric, water, sewer, trash are all on one bill and run $150-$200/mo. Tenants own their window A/C units. Newer windows, vinyl siding and all around well maintained. Zoned Commercial so potential for a business in unit #1. Large, private parking lot and courtyard area makes this the perfect mixed use property. Centrally located on busy Rt.4 - Owner says let's make a deal!
Full Property Details
Full Property Details for 1950 Fairgrove Ave
General
- Sold For: $129,000
- Taxes: $1,557
- Status: Closed
- Type: Triplex
- Source: Cincinnati
- MLS ID: 1812288
- Added to Site: 557 day(s) ago
Rental Information
- Lease Info: month to month
Interior
- Appliances: Stove and refrigerator
Exterior
- Exterior Features: Deck, Porch
Parking
- Total Spaces: 6
- Parking: Private, Off-Street Parking, Driveway
Location
- Area: Hamilton East
- County: Butler
- Township: Hamilton Corp
School Information
- School District: Hamilton City SD
- High School District: Hamilton City SD
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Separate Air Cond.: Yes
- Heating Type: Gas
- Heating Fuel: Natural
Utilities
- Separate Gas/Elect: Yes
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Stone
- Roof: Shingle
- Windows: Vinyl
- Stories/Levels: Two
- Square Feet: 2,423
- Year Built: 1900
Unit Information
- 1 Bedroom Units: 3
- 1 Bedroom Sq. Ft.: 725
Unit 1
- Bedrooms: 1
Unit 2
- Bedrooms: 1
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2071
- Lot Size (Sq. Ft.): 9,021
- Zoning: Commercial, Non Conform
Financial Considerations
- Semi-Annual Taxes: $671.95
- Tax Amount: $1,557
- Pays Heat: Owner
- Pays Water: Owner
Disclosures and Reports
- APN: P6431046000024
Listed by eXp Realty (866) 212-4991, Melinda Baumann
Sold by Comey & Shepherd (513) 489-2100, Erin Noga
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Schools
Schools serving 1950 Fairgrove Ave
School District:Hamilton City School District
| Name | Grades | Distance |
|---|---|---|
Fairwood Elementary School 281 North Fair Avenue, Hamilton, OH 45011 | PK-6 | 0.6 mi |
Garfield Middle School, Hamilton, OH 250 North Fair Avenue, Hamilton, OH 45011 | 7-8 | 0.7 mi |
Hamilton High School 1165 Eaton Avenue, Hamilton, OH 45013 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1950 Fairgrove Ave
Date
Details
Price
Change
Source
9/30/2024
Sold
$129,000
-7.79%
MLS
9/18/2024
Price Reduced
$139,900
-12.51%
MLS
8/08/2024
Price Reduced
$159,900
-15.8%
MLS
7/12/2024
Listed
$189,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1950 Fairgrove Avenue, Hamilton, OH 45011 (MLS# 1812288) is a Triplex property that was sold at $129,000 on September 30, 2024. Want to learn more about 1950 Fairgrove Avenue? Do you have questions about finding other Triplex real estate for sale in Hamilton? You can browse all Hamilton real estate or contact a Coldwell Banker agent to request more information.

