$300,000
SOLD AUG 16, 2019
-- Bed
-- Bath
2,300 Sq Ft
1,307 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

21% Below List Price

107 Days on Market

Highlights

  • Senior Community
  • Wood Flooring
  • Hot Water Heating System
  • Deck
  • No HOA
  • 5-minute walk to Lincoln Park

About This Home

As of July 2024

TURNKEY property - Easy and beautiful rental...ALWAYS rented. Great opportunity for investment or owner-occupied. Solid brick four-unit within walking distance to the Capital, Lark Street and Madison restaurants and conveniences on a quiet, tree-lined street. Great cap rate at 8-9% with potential for growth given area. This property features four - one bedroom apartments with exposed brick, decorative fireplaces, and period moldings. Each unit has recently been updated throughout and there is a NEW ROOF with a 50-year material warranty. Your tenants will enjoy additional living and entertainment space on the back decks and in the newly fenced yard. These units have been very easy to rent...located near restaurants, colleges, and shops. All current ROPS and leases in place. Excellent Condition

Last Agent to Sell the Property

Judith Gabler

Gabler Realty, LLC License #10491207625 Listed on: 03/07/2019

Gabler Realty, LLC

Last Buyer's Agent

Jeffrey Decatur

RE/MAX Capital License #10301214979

RE/MAX Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,269

Year Built

  • Built in 1884

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • 2,300 Sq Ft Home
  • Brick Exterior Construction
  • Rubber Roof

Flooring

  • Wood
  • Tile

Finished Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV
  • The owner pays for trash collection, grounds care, heat
  • Legal Lot and Block 20 / 2
  • Assessor Parcel Number 010100 76-2-20
  • Seller Concessions Offered

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 4 Units

Building Details

  • Insurance Expense $2,298

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,269

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1892.0
  • Year Built: 1884
  • Directions: Madison Ave to Dove to Irving, one way between Irving and South Swan
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Quads, Apartment 4 Plus Unit
  • Financial Details General Taxes: 3185.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 5084.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.03
  • Lot Size: .03 acres
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: See Remarks
  • Gas Expense Description: See Remarks
  • Insurance Expense Description: Actual
  • Income And Expenses Maintenance Expense: 600.0
  • Water Sewer Expense Description: See Remarks
  • Income: 48960.0
  • Income Description: Actual
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Percent Basement Finished: Yes
  • Flooring:Hardwood: Yes
  • Fencing:Fenced: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Basement: Apartment, Finished, Full
  • Living Area: 2300.0
  • Owner Pays: Trash Collection, Grounds Care, Heat
  • Full Basement: Yes
  • Basement:Apartment: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Gas7: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 1 Owner Furnish Features:Electricity4: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 1 Owner Furnish Features:Gas6: Yes
  • Unit 3 Owner Furnish Features:Electricity6: Yes
  • Unit 3 Owner Furnish Features:Gas8: Yes
  • Unit 4 Owner Furnish Features:Electricity7: Yes
  • Unit 4 Owner Furnish Features:Gas9: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Waterfront: No
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2000.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 76-2-20
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Internet, Cable TV

Multi Family

  • Insurance Expense: 2298.0
  • Number Of Units Total: 4
  • Maintenance Expense: 600.0

Tax Info

  • Tax Annual Amount: 8269.0
  • Tax Block: 2
  • Tax Lot: 20
  • Tax Tract: 76

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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
07/31/2024 07/31/24 Sold $399,900 0.0% $174 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $399,900 +33.3% $174 / Sq Ft
01/23/2024 01/23/24 Off Market $300,000 -- --
08/16/2019 08/16/19 Sold $300,000 -14.3% $130 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $349,900 -7.9% $152 / Sq Ft
03/06/2019 03/06/19 For Sale $379,900 +68.8% $165 / Sq Ft
12/31/2014 12/31/14 Sold $225,000 -2.1% $98 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
09/21/2014 09/21/14 For Sale $229,900 -- $100 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201913717

Global MLS