1752 Patrick Drive $8,900,000

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    1752 Patrick Drive Cincinnati - Price Hill, OH 45204

    • 3 Beds
    • 1 Baths
    • 925 sq. ft.
    • Residential
    • MLS# 1675539
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    Views: 766 Days On Site: 84

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    Property Details

    Description Tours

    This is an excellent opportunity to acquire a fully performing hyper-localized rental portfolio. The portfolio consist of 91 buildings, and a total of 99 units. It is primarily subsidized by the Cincinnati Metropolitan Housing Authority (Section 8). A full property list and Offering Memorandum are available directly to agents or by request. Current list price reflects an 8.75 CAP rate

    • General Features
      • Acreage 0
      • Hoa No
      • Available for Lease No
      • Occupancy Negotiable
      • New Construction No
      • Semi-Annual Taxes Of Record
      • County Hamilton
      • Days on Market 61
    • Building Features
      • Foundation Other
      • Architecture Other
      • Basement Full
      • Heating Other
      • Levels One
      • Garage None
      • Garage Spaces 0.00
      • Parking Other
      • Windows Other
      • Roof Shingle
      • # of Fireplaces 0
      • Construction Other
    • Property Features
      • Gas Natural
      • Sewer Public Sewer
      • Water Source Public
    • Schools
      • School District Cincinnati City SD

    Contact

    Sandra Burkhart Williams

    Sandra Burkhart Williams

    Sales Associate

    Montgomery

    Cell: 513-519-4683
    • Cinch Home Services
    • HSA Home Warranty

    Neighborhood

    45204 (Cincinnati - Price Hill) Demographics

    29 Median Age
    1,871 Population Density (per sq. mile)
    25% College Educated
    $27,471 Estimated Median Income
    841 Estimated Total Home Owners
    1,752 Estimated Total Renters
    32% / 68% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    6,065 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $90,000 Median Sales Price
    5 Homes Sold
    1 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $8,900,000
        11/10/2020 11:08:00 AM Price Reduced Source New Value: $8,900,000 -6.27%
        10/20/2020 5:38:30 PM Price Reduced Source New Value: $9,495,000 -11.14%
        9/10/2020 2:09:00 PM New in Database Source New Value: $10,685,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Huff Realty are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. This data is up-to-date as of 12/3/2020 8:08:44 AM.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.