NOT LISTED FOR SALE

113 John St Parma, MI 49269

Studio
-- Bath
3,700 Sq Ft
23,087 Sq Ft

Last Sold May 27, 2016

Last sale price $120,000 $32 Per Sq Ft

51 Days on Market

About This Home

As of May 2016

1 easy to maintain building with 4 housing units. Located in Western School District with the conveniences of the Village of Parma. High occupancy rates. All units are 2 bedroom and 1 bath. Gas forced air heat is paid for by tenants. All units feature 2 outside entrances for convenience to parking. Easy to rent. Priced below SEV. Owner also owns 103 John Street and 121 John Street. Each is for sale for $149,880. Each of these buildings contains 4 housing units and may be bought concurrently with 113 John Street. Seller will review financials with an approved and qualified buyer, upon request.

Last Agent to Sell the Property

Phil Morgan

ERA REARDON REALTY, L.L.C. License #6502108104 Listed on: 01/19/2016

ERA REARDON REALTY, L.L.C.

Last Buyer's Agent

Cliff Risner

Executive Brokers Residential and Commercial Real Estate License #6502432896

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1970

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 135x140

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $27,300
  • Net Operating Income $27,300

Property Details

Home Type

Apartment

Year Built

Built in 1970

Lot Details

0.53 Acres

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 149880.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size Area: 0.53
  • Lot Dimensions: 135x140

Multi Family

  • Net Operating Income: 27300.0
  • Number of Units Total: 4
  • Operating Expense: 27300.0

Tax Info

  • Tax Annual Amount: 3109.92
  • Tax Year: 2015
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Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $120,000 -- $32 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
Source: MichRIC

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21035265

MichRIC
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