NOT LISTED FOR SALE
12 Beds
6 Baths
6,192 Sq Ft
6,534 Sq Ft Lot

Last Sold September 09, 2014

Last sale price $320,000 $52 Per Sq Ft

127 Days on Market

Highlights

  • Beach Access
  • Hot Water Circulator
  • Hot Water Heating System
  • 5 Car Detached Garage

About This Home

As of September 2014

Outstanding income property, fully leased, netting $49k before interest/tax. 14% cap rate.
All units in good condition, 5 garages.

Last Agent to Sell the Property

John Gray

William Raveis Real Estate License #RES.0763558 Listed on: 04/11/2014

Last Buyer's Agent

Sandra Maleton

Keller Williams Realty Prtnrs. License #REB.0789054

Keller Williams Realty Prtnrs.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,902

Year Built

  • Built in 1920

Lot Details

  • 6,534

Home Design

  • Concrete Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 6,192 Sq Ft Home
  • Unfinished Basement
  • Basement Hatchway

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 5 Car Detached Garage
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Additional Features

  • Beach Access
  • 6,534 Sq Ft Lot

Community Details

  • 6 Units
  • Gross Income $67,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,902

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 6192
  • Public Record Living Room Sq Ft: 6192
  • Total Sq Ft: 6192
  • Year Built: 1920
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 8760
  • Directions: Dewey to Hancock
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Hatchway Access, Unfinished
  • Attic: No
  • Street Number Modifier: 1132

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Composition
  • Waterfront Description: Beach Rights
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 5

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1400

Schools

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

Lot Info

  • Acres: 0.1500
  • Zoning: RC

Multi Family

  • Gross Annual Income: 67200
  • Net Operating Income: 48798
  • Unit Count: 6
  • Total Multi Family: 24
  • Total Num Of Units: 6
  • Total Unit Count: 6

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 11902
  • Total Assessed Value: 282060
  • Mil Rate Total: 42.198
  • Assessor Parcel Number: 19252

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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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 Change Sq Ft Price
09/09/2014 09/09/14 Sold $320,000 -8.3% $52 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $349,000 -- $56 / 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: 99060532

SmartMLS

APN: BRID M:26 B:1207 L:5