NOT LISTED FOR SALE
22 Beds
6 Baths
8,800 Sq Ft
5,663 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $700,000 $80 Per Sq Ft

100 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Coin Laundry
  • No HOA
  • Public Transportation
  • Level Lot

About This Home

As of February 2019

This is an opportunity to own a completely renovated property inside & out with an 8+% CAP rate. Total of 8 units w/terrific unit mix: (5) 4 bed units & (3) 3 bed units. Building Updates Incl.: New Roof – replaced to Rafters, windows, brick re-pointing, Framing, Electrical + Plumbing + Heating, Insulation + Sheetrock + Paint, Doors + Trim, units have hardwood floors throughout, kitchens & baths: tile, cabinets/counters/vanities, appliances. There is also a $27k State of the Art Surveillance Camera System, fire system hard wired throughout building + sprinklers. There are 8 new gas furnaces/hot water heaters in the basement + separate electric - All tenants pay their own utilities. Nice front landscaping and a new front stoop/stairs. There is common area/coin-op laundry in the basement. There is no off-street parking but paved driveway with room for 1-2 cars. Almost 100% occupied with stable and background checked tenants on 1 year leases. LOW expenses & LOW maintenance. Great Opportunity!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 08/15/2018

Oxford Realty

Last Buyer's Agent

Thuyan Tran

Oxford Realty License #REB.0794813

Oxford Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,571

Year Built

  • Built in 1905

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Flat Roof Shape
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 8,800 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Public Transportation
  • Coin Laundry

Building Details

  • Gross Income $121,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,571

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Neighborhood: Frog Hollow
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 8800
  • Public Record Living Room Sq Ft: 8800
  • Total Sq Ft: 8800
  • Year Built: 1905
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 11672
  • Directions: Located on Broad Street between Ward St and Jefferson St
  • Special Features: None

Interior Features

  • Total Bedrooms: 22
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Location: Shared, Coin-Op in Basement
  • Laundry Room Info: Coin Op Laundry, Common Laundry Area
  • Attic: No

Exterior Features

  • Exterior Features: Lighting, Porch, Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Brick, Stone
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: On Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Gas on Gas, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1300
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: NX-2

Multi Family

  • Gross Annual Income: 121200
  • Unit Count: 6
  • Total Multi Family: 34
  • Total Num Of Units: 8

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 21571
  • Mil Rate Base: 74.290
  • Assessor Parcel Number: 602996

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2019 02/27/19 Sold $700,000 -15.2% $80 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $825,000 0.0% $94 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $825,000 +112.1% $94 / Sq Ft
07/14/2016 07/14/16 Sold $389,000 0.0% $44 / Sq Ft View Prior Sale
05/08/2016 05/08/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $389,000 -- $44 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170115979

SmartMLS

APN: HTFD M:204 B:540 L:228