NOT LISTED FOR SALE
36 Beds
18 Baths
-- Sq Ft
2 Acres Lot

Sale Details

Date Sold: June 20, 2019

Last sale price $1,150,000 $0 Per Sq Ft

6 Days on Market

About This Home

As of June 2019

There are 4 buildings. 2 have 4 Units and 2 have 6 Units. They were built as condos and 2 have been sold. There are 12 Garage spaces. all units have 2 br 1 bth, washer and dryer. 100% Occupied with waiting list. Welcome to drive by but naturally do not disturb tenants. Have leases and lending package with lender who has already underwritten project. Tenants pay all utilities plus water. Owner pays taxes, rubbish and landscaping.

Last Agent to Sell the Property

Casey Voris

Berkshire Hathaway HomeServices Starck Real Estate License #475098690 Listed on: 04/04/2019

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Jason Peterie

HomeSmart Connect LLC License #471020929

Property Details

Home Type

  • Multi-Family

Year Built

  • 2008

Lot Details

  • 2

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Aluminum Siding

Utilities

  • Central Air

Community Details

  • Insurance Expense $5,262

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer

Property Details

Home Type

Multi-Family

Year Built

2008

Lot Details

2 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 7-15 Years
  • Net Operating Income Year: 2018
  • Net Oper Income: 98890
  • Outdoor Parking: 19-30 Spaces
  • Repairs Decor Expense: 8400
  • Roof Coverings: Shingle Composition, Fiberglass
  • Roof Structure: Gable
  • Scavenger Expense: 2160
  • Total Annual Exp: 79870
  • Total Annual Income: 182160
  • Total Monthly Income: 15180
  • Number of Ranges: 18
  • Number Of Refrigs: 18
  • Number Of Stories: 2
  • Estimated Year Built: 2008
  • Type Multi Family: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2008

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Brick
  • Acreage: 2
  • Construction: Brick, Concrete, Wood Frame

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 40

Utilities

  • Air Conditioner: Central Air
  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Forced Air, Gas
  • Water Expense: 1200

Condo/Co-op/Association

  • Units in Building: 18

Fee Information

  • Electricity Expense: 2041
  • Electrical Service: Circuit Breakers, 101-200 Amps

Lot Info

  • Lot Dimensions: 433X200
  • Lot Sq Ft: 86600
  • Parcel Identification Number: 0308427009

Rental Info

  • Gross Rental Income: 182160
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer

Multi Family

  • Expense Year: 2018
  • Insurance Expense: 5262
  • Number Of Dishwashers: 18
  • Number Of Dryers: 18
  • Number Of Washers: 18

Tax Info

  • Taxes: 41031
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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 List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $1,150,000 -15.8% --
04/10/2019 04/10/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $1,365,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10331349

Midwest Real Estate Data (MRED)
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