NOT LISTED FOR SALE
13 Beds
16 Baths
22,500 Sq Ft
10,672 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $350,000 $16 Per Sq Ft

941 Days on Market

Highlights

  • 4 Car Attached Garage
  • Tile Flooring
  • Hot Water Heating System
  • Accessibility Features
  • Central Air
  • 1-Story Property

About This Home

As of March 2021

WOW...WOW...WOW is all you can say. The 30+ years owners have taken great care of this building that keeps going and going, and is a must see. This property has 8 apartments Plus a main level office/suite, which will leave you speechless. Also featured is a hair salon and work shop which could be converted back into an office, a 4 car attached garage, a hydraulic lift, a full basement for parties and gatherings, with two egresses. Also,a coin op laundry room on the second floor. . Recent updates include commercial water heater 2009, 400 amp electrical upgrade 2009, new EPDM roof 2015/16 and a 1,000,000BTU Steam Boiler in 2018. see the attached amenity sheet for more information...Don't let this one pass through your investor clients hands.

Last Listed By

Marc Roy

McColly Real Estate License #RB14039391 Listed on: 07/06/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 10,672

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Block Foundation
  • Concrete Siding

Interior Spaces

  • 22,500 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Dishwasher
  • Basement

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 13 Bedrooms

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Accessibility Features
  • 10,672 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $72,120
  • The owner pays for sewer, water
  • Rent includes trash collection, water
  • Assessor Parcel Number 450828232001000004

Community Details

Overview

  • 9 Units
  • South Broadway Add 05 Subdivision

Building Details

  • Electric Expense $4,728
  • Insurance Expense $5,400
  • Maintenance Expense $2,400
  • Trash Expense $1,332
  • Water Sewer Expense $1,884
  • New Taxes Expense $3,012
  • Net Operating Income $45,384

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Year Built: 1927
  • Road Surface Type: Asphalt
  • Income And Expenses Maintenance Expense: 2400
  • Co List Office Mls Id: NRA486
  • Subdivision Name: South Broadway Add 05
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, None, Range, Refrigerator
  • Interior Amenities: Elevator
  • Basement: Full, Sump Pump
  • Flooring: Carpet, Ceramic Tile, Linoleum, Other, Tile
  • Basement YN: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 13
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Acres: 0.245
  • Construction Type: Block, Brick, Concrete

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Garage Door Opener, Off Street
  • Total Parking Spaces: 18

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Hot Water, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Other, Trash Collection, Water

Fee Information

  • Trash Expense: 1332

Lot Info

  • Lot Dimensions: 110x46/59x125
  • Lot Size Sq Ft: 10672
  • Parcel #: 450828232001000004

Rental Info

  • Owner Pays: Sewer, Water
  • LeaseType: Net

Multi Family

  • Number Of Units Total: 9
  • Electric Expense: 4728
  • Insurance Expense: 5400
  • Total Actual Rent: 72120

Tax Info

  • New Taxes Expense: 3012

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
03/12/2021 03/12/21 Sold $350,000 0.0% $16 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
07/06/2018 07/06/18 For Sale $350,000 -- $16 / Sq Ft
Source: Northwest Indiana Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Indiana Association of REALTORS®

MLS Number: 438469

Northwest Indiana Association of REALTORS®