Sold for $197,000

$197,000

201 Market St, New Richmond, OH 45157

3beds

6,800sqft

Multi Family

Built in 1925

-- sqft lot

$285,800 Zestimate^®

$29/sqft

$2,291 Estimated rent

Home value

$285,800

$229,000 - $357,000

$2,291/mo

Zestimate^® history

Owner options

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$2,291/mo

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$2,291/mo

Rent Zestimate^®

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$1,361/mo

Est. payment

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$1,361/mo

Est. payment

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What's special

Discover a unique investment opportunity in New Richmond with this stunning 6,800 sf mixed-use building, perfectly situated within walking distance of the picturesque riverfront and the vibrant DORA district on Front Street. With over $13M in grant funding awarded for revitalization efforts in the area, now is the time to be part of this exciting transformation. This versatile property offers endless potential whether you're looking to establish your own small business or lease all four spaces for a profitable cash-flowing investment. Benefit from the growing foot traffic and community engagement that the revitalization promises, making it an ideal location for renters and small businesses. OPEN HOUSE IS CANCELLED!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Gas, Wood

Cooling

Central Air, None, Separate Air Conditioning

Features

Windows: Picture, Vinyl, Wood Frames
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Inoperable

Interior area

Total structure area: 6,800
Total interior livable area: 6,800 sqft

Property

Parking

Total spaces: 3
Parking features: Off Street, Driveway
Has carport: Yes
Uncovered spaces: 3

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Tiered Deck
Has view: Yes
View description: River
Has water view: Yes
Water view: River
Waterfront features: River

Lot

Size: 6,098 Square Feet
Dimensions: 45 x 132

Details

Parcel number: 260905.072C
Zoning description: Multi Family,See Remarks

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick
Foundation: Stone
Roof: Shingle

Condition

New construction: No
Year built: 1925

Utilities & green energy

Gas: Natural
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: New Richmond

Financial & listing details

Price per square foot: $29/sqft
Annual tax amount: $1,906
Date on market: 10/18/2024
Listing terms: No Special Financing,Cash
Total actual rent: 2450

Price history

Date	Event	Price
10/29/2024	Sold	$197,000-6.2%$29/sqft
Source: Cincy MLS #1821652 Report a problem
10/18/2024	Pending sale	$210,000$31/sqft
Source: Cincy MLS #1821652 Report a problem
10/18/2024	Listed for sale	$210,000$31/sqft
Source: Cincy MLS #1821652 Report a problem