NOT LISTED FOR SALE

Estimated Value: $590,000 - $722,000

9 Beds
3 Baths
3,447 Sq Ft
$193/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $635,000 $184 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,308/month

91 Days on Market

Highlights

  • Wood Flooring
  • Level Lot
  • Heating Available
  • Enclosed patio or porch

About This Home

As of November 2023

GREAT INVESTMENT & INCOME OPPORTUNITY! Owner occupancy/income investors welcome! Previous buyer's financing fell through & owner made additional upgrades! 3 large well laid out units in well-maintained clean building w/ample off street private parking. Each unit offers walk in closets, enclosed porches, front & rear entrances, & in unit laundry hookups. BRAND NEW ROOF & new 2nd floor heater plus many more recent system upgrades for hassle free rental. 1st floor unit w/long term tenants (HUD guidelines state @$1900/unit for area 3 bdr market value). Vacant 2nd & 3rd floor units & common basement available for preview at 1st showing & ready to rent w/your tenants or be owner-occupied. Conveniently located in the desirable Euclid Ave Montrose St Historic District- just a short distance to appealing Kelly Sq. amenities & close to many local universities & highway access. Great solid long term tenant rental history w/low vacancy rate. Come invest in this appealing money making property!

Last Listed By

Ken Grief

Media Realty Group Inc. Listed on: 06/22/2023

Media Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,480

Year Built

  • Built in 1900

Lot Details

  • 4,950 Sq Ft Lot
  • Level Lot

Home Design

  • 3,447 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • Heating Available

Additional Features

  • Washer and Dryer Hookup
  • Enclosed patio or porch

Listing and Financial Details

  • Total Actual Rent $1,600
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:05 B:035 L:00020,1766398

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,480

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 3447
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8368
  • LIST PRICE PER Sq Ft: 181.32
  • PRICE PER Sq Ft: 184.22
  • MAIN SO: AN6259

Exterior Features

  • Exterior Features: Porch - Enclosed,Storage Shed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Central Heat,Gas,Unit Control,Wall Unit), Unit 3(Central Heat,Gas,Unit Control,Wall Unit)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:05 B:035 L:00020,1766398
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4950
  • Lot Size Units: Acres
  • PAGE: 212
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6480
  • Tax Book Number: 41582

Multi Family

  • Gross Income: 32400
  • Net Operating Income: 32400
  • Number Of Units Total: 3
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2007
Sold by
Reidy Robert A
Bought by
Penesis Effy and Larkin Sean
Total Days on Market
91
Current Estimated Value
$664,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,368
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Eleven Alpine St Nt and Borowiec
Bought by
Reidy Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Reidy James G and Reidy Kathy Lynn
Bought by
Eleven Alpine Street N and Borowiec

Purchase Details

Closed on
Dec 29, 2003
Sold by
Reidy James G and Reidy Kathy Lynn
Bought by
Borowiec Phyllis and Reidy Robert A

Purchase Details

Closed on
Jul 27, 1998
Sold by
Milaszewski Richard F and Milaszewski Helen M
Bought by
Reidy James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

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

Purchase History

Date Buyer Sale Price Title Company
Penesis Effy $260,410 --
Reidy Robert A -- --
Eleven Alpine Street N -- --
Borowiec Phyllis -- --
Reidy James G -- --
Reidy James G $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Michael H $523,240
Closed Larkin Effy $225,000
Closed Penesis Effy $257,387
Closed Reidy James G $266,176
Closed Penesis Effy $262,243
Closed Penesis Effy $258,368
Previous Owner Reidy Robert A $100,000
Previous Owner Reidy James G $39,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $635,000 +1.6% $184 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $625,000 -1.6% $181 / Sq Ft
07/21/2023 07/21/23 Off Market $635,000 -- --
06/26/2023 06/26/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $599,900 -- $174 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $7,269 $551,100 $80,600 $470,500
2024 $6,999 $509,000 $80,600 $428,400
2023 $6,480 $451,900 $70,100 $381,800
2022 $5,835 $383,600 $56,100 $327,500
2021 $4,889 $300,300 $44,900 $255,400
2020 $4,570 $268,800 $44,600 $224,200
2019 $4,736 $263,100 $38,900 $224,200
2018 $4,276 $226,100 $38,900 $187,200
2017 $4,046 $210,500 $38,900 $171,600
2016 $3,947 $191,500 $28,100 $163,400
2015 $3,843 $191,500 $28,100 $163,400
2014 $3,742 $191,500 $28,100 $163,400
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73128422

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000035-000020