$520,000
SOLD JUL 11, 2024
12 Beds
6 Baths
4,378 Sq Ft
1920 Built

Recently Sold

$119 Per Sq Ft

4% Below List Price

7 Days on Market

About This Home

As of July 2024

Exceptional and rare investment opportunity in Auburn Gresham. This beautiful brick legal 4-unit includes 2 units with 2 bedrooms/1 bath and 2 units with 4 bedrooms/1 bath, all above grade, as well as a full finished basement that includes 2 full bathrooms and a coin laundry. All units were updated cosmetically in 2023 including electrical upgrade in the entire building. Start earning passive income the day of closing. A must see!

Last Agent to Sell the Property

Kemeyon McNair

Baird & Warner License #475172568 Listed on: 03/21/2024

Baird & Warner

Last Buyer's Agent

Bryant Triplett

RE/MAX 10 License #475186009

RE/MAX 10

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 1920 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 28 x 124
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Sun or Florida Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Bedroom in Basement
  • Basement Storage

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,336

Year Built

Built in 1920 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2023

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Room Type: Sun Room
  • Basement Description: Finished,Exterior Access,Sleeping Area,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 539000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 28 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 5335.98
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

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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 Change Sq Ft Price
07/11/2024 07/11/24 Sold $520,000 -3.5% $119 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $539,000 -- $123 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11999322

Midwest Real Estate Data (MRED)

APN: 20294170190000