NOT LISTED FOR SALE
15 Beds
8 Baths
8,874 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: March 16, 2022

Last sale price $1,200,000 $135 Per Sq Ft

110 Days on Market

Highlights

  • 0.22 Acre Lot
  • Porch
  • 5-minute walk to Kittredge Park
  • Corner Lot

About This Home

As of March 2022

BOM DUE TO FINANCING. Investment!! Calling on all serious investors. This is a rare opportunity to own this cash-flow property in prime Belvidere area. Mixed use consisting of 6 fully rented residential units and 3 to 4 store fronts/office spaces on lower level combined w/3 Pleasant St which is an adjacent 4,547sf of land (may be buildable, Buyer to do their own due diligence) and 65 Andover St (680 sq ft of land). 2 of the stores are rented. More available spaces for various uses. Huge building with over 8,800sf of space. The residential units have 27 rms, 15 bdrms and 6 baths. The lower level has 2 half baths. Brand new, top of the line tankless heating systems. All separate utilities. Rents below market - mostly long time tenants who are willing to stay. A couple of tenants have section 8. Convenient location close to many amenities. Property has lots of potential for more income. Solid workable numbers. Sold as a package: residential apts/commercial units & adjacent land.

Last Agent to Sell the Property

Salihu Mohammed

Dick Lepine Real Estate,Inc. Listed on: 08/26/2021

Last Buyer's Agent

Salihu Mohammed

Dick Lepine Real Estate,Inc. Listed on: 08/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Home Design

  • Manufactured Home on a slab

Interior Spaces

  • 8,874 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 15 Bedrooms

Parking

  • 8 Car Parking Spaces
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • Porch
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $8,820

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $70,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,191

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 12

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 15
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8
  • Basement: Crawl Space
  • Living Area: 8874
  • Stories Total: 12
  • MAIN LO: D49801
  • MAIN SO: D49801

Exterior Features

  • Foundation Details: Slab, Irregular
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public

Lot Info

  • Zoning: UMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9589

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7191.36

Multi Family

  • Net Operating Income: 70740
  • Number Of Units Total: 6
  • Total Actual Rent: 8820
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Mar 16, 2022
Sold by
Bought by
Seller's Agent
Salihu Mohammed
Dick Lepine Real Estate,Inc.
Buyer's Agent
Salihu Mohammed
Dick Lepine Real Estate,Inc.
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
0.0355%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 None Available
$249,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $900,000
Closed $611,250
Closed $50,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $1,200,000 -7.7% $135 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/07/2021 12/07/21 For Sale -- -- --
10/29/2021 10/29/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $1,300,000 -- $146 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,143 $622,200 $57,000 $565,200
2024 $7,117 $597,600 $57,000 $540,600
2023 $6,995 $563,200 $57,000 $506,200
2022 $0 $548,500 $57,000 $491,500
2021 $0 $523,900 $57,000 $466,900
2020 $6,342 $474,700 $57,000 $417,700
2019 $0 $460,000 $57,000 $403,000
2018 $7,135 $425,600 $57,000 $368,600
2017 $5,924 $410,900 $57,000 $353,900
2016 $5,924 $396,100 $57,000 $339,100
2015 $5,924 $396,100 $57,000 $339,100
2013 $5,924 $394,700 $57,000 $337,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72886709

MLS Property Information Network (MLS PIN)

APN: LOWE M:000200 T:L02020

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