NOT LISTED FOR SALE
8 Beds
3 Baths
-- Sq Ft
2007 Built

Last Sold April 18, 2022

Last sale price $330,000

8 Days on Market

Highlights

  • Property is near a park
  • Wooded Lot
  • Intercom
  • Stream or River on Lot
  • Corner Lot
  • Forced Air Heating System

About This Home

As of April 2022

THIS 3-UNIT IS A DREAM WITH ITS LARGE APARTMENTS, GOOD RENTS, & EASY MAINTENANCE! ~ 15-year young building has been VERY WELL MAINTAINED, offers DESIRABLE UNITS, & is perfect for OWNER-OCCUPANT OR INVESTOR ~ Building includes TWO 3-BEDROOM/1 BATH UNITS, ONE 2 BEDROOM/1 BATH UNIT, coin laundry/utility room, & enclosed front & rear stairways ~ All units include individual furnaces, C/A, & all appliances including dishwashers ~ Separate meters: TENANTS PAY GAS, ELECTRIC, & WATER ~ ASPHALT PARKING LOT provides plenty of off-street parking ~ FANTASTIC LOCATION on corner lot, right across from Bloom High School, backing onto private area ~ FULLY LEASED, with up-to-date rents ~ Whether you are the house-hacker looking to reduce living expenses, or the savvy investor, this INCREDIBLE OPPORTUNITY IS YOURS!

Last Agent to Sell the Property

Cara Dulaitis

Re/Max 10 License #475171505 Listed on: 03/09/2022

Re/Max 10

Co-Listed By

Greta McKenna

Re/Max 10 License #475141745

Last Buyer's Agent

Evelyn Sterling

Checklist Homes Realty LLC License #471021367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,702

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 128x87x126x113
  • Corner Lot
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Wooded Lot
  • Backs to Trees or Woods
  • Additional Parcels

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Sump Pump

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Home Security

  • Intercom
  • Storm Screens

Parking

  • 5 Parking Spaces
  • Over 1 Space Per Unit
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters
  • Cable TV Available

Additional Features

  • Stream or River on Lot
  • Property is near a park

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $330
  • Fuel Expense $330
  • Insurance Expense $871
  • Trash Expense $1,236
  • Water Sewer Expense $300
  • Gross Income $48,600
  • Net Operating Income $29,831

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,702

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2007
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, Intercom, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Dishwasher,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 325000
  • Lot Features: Corner Lot, Irregular Lot, Stream(s), Wooded, Backs to Trees/Woods, Sidewalks, Streetlights
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Parking Features: Off Street, More Than 1 Spc/Unit
  • ParkingTotal: 5
  • Number of Cars: 5
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Fee Information

  • Trash Expense: 1236
  • Water Sewer Expenses: 300

Schools

  • Middle/Junior School District: 170

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 128X87X126X113
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 29831
  • Fuel Expense: 330
  • Insurance Expense: 871
  • ElectricExpense: 330
  • GrossIncome: 48600
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 15701.86
  • Tax Year: 2020
  • Tax Exemptions: None

Range of Values:

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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
04/18/2022 04/18/22 Sold $330,000 +1.5% --
03/18/2022 03/18/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $325,000 -- --
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: 11343272

Midwest Real Estate Data (MRED)