$450,000

Estimated payment $2,655/month

Total Views 7,580
-- Bed
-- Bath
2,976 Sq Ft
$151 Price per Sq Ft

About This Home

OUTSTANDING INVESTMENT OPPORTUNITY! THIS SOLID FIVE UNIT BUILDING IS A GREAT OPPORTUNITY FOR NEW OR EXPERIENCED INVESTORS. ENJOY THE FLEXIBILITY OF GENERATING A CONSISTENT MONTHLY INCOME OR LIVE IN ONE UNIT WHILE THE OTHERS COVER YOUR EXPENSES. THE PROPERTY INCLUDES A 2-CAR GARAGE AND THREE 1-BEDROOM APARTMENTS WITH LIVING ROOM, KITCHEN AND EATING AREA. ONE SPACIOUS 2-BEDROOM UNIT WITH LIVING ROOM, DINING ROOM AND KITCHEN, AND A LARGE 3-BEDROOM APARTMENT FEATURING A LIVING ROOM, DINING ROOM AND KITCHEN. THE UTILITY ROOM HAS THREE HOT WATER HEATERS. THREE WATER BOILER HEATERS. ALL TENANTS ARE ON A MONTH TO MONTH LEASE AND PAY THEIR OWN ELECTRIC. PROPERTY IS BEING SOLD IN "AS-IS" CONDITIONS. TAXES REFLECT BOTH PINS FOR 2023. A RARE CHANCE TO OWN A VERSATILE, INCOME-PRODUCING PROPERTY THAT PARTICULARLY PAYS FOR ITSELF!

Listing Agent

Gustavo Lopez

G & R Realty, Inc. License #471010643 Listed on: 09/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1963

Lot Details

  • 7,322 Sq Ft Lot
  • Lot Dimensions are 135x178x115
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • 100 Amp Service

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $330
  • Fuel Expense $3,550
  • Insurance Expense $5,300
  • Water Sewer Expense $2,100
  • Operating Expense $14,677
  • Gross Income $36,000
  • Net Operating Income $21,323

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,397

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1963
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 4
  • Ranges: 4
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Composition
  • Roof Structure: Hip

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Heat/Ventilation: Gas,Hot Water,Wall Unit,Baseboard,Separate Per Unit
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 135X178X115
  • Lot Size Sq Ft: 7322
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 2976

Multi Family

  • Net Operating Income: 21323
  • Fuel Expense: 3550
  • Insurance Expense: 5300
  • ElectricExpense: 330
  • GrossIncome: 36000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 14677
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3397
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
09/02/2025 09/02/25 For Sale $450,000 -- $151 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12460329

Midwest Real Estate Data (MRED)

APN: 26084020020000