NOT LISTED FOR SALE

1364 Catalpa Dr Berkley, MI 48072

6 Beds
5 Baths
1,502 Sq Ft
0.35 Acres

Last Sold November 30, 2022

Last sale price $580,000 $386 Per Sq Ft

2 Days on Market

Highlights

  • 0.35 Acre Lot
  • Rogers Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of November 2022

Calling all investors. The rarest of all opportunities, Multifamily in Berkley! Get in quick as this will not last long. 5 units, all occupied with no history of vacancies. All utilities are metered separately for each tenant. Enjoy immediate cash flow!

Last Agent to Sell the Property

Jordan Goodman

@properties Christie's Int'l R.E. Birmingham License #6501433918 Listed on: 06/06/2022

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

Jordan Goodman

@properties Christie's Int'l R.E. Birmingham License #6501433918 Listed on: 06/06/2022

@properties Christie's Int'l R.E. Birmingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1939

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 55.00x151.00

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 5 Full Bathrooms
  • 1,502 Sq Ft Home
  • 2-Story Property
  • Basement
  • Basement Storage

Parking

  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2517260054

Community Details

Overview

  • 5 Units
  • Perry Mortenson Co's Pleasant Homes Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,442

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Year Built: 1939
  • State Equalized Value: 154540.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement: Yes
  • Basement Type: Private Storage Locker
  • Sq Ft Combined: 1502
  • Total Sq Ft: 1502
  • Sq Ft Total Bsmt: 962

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Foundation Materials: Block
  • Frontage Feet: 55
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Assigned Spaces
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: LP Gas/Propane
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Berkley

Lot Info

  • Lot Size Area: 0.35
  • Lot Dimensions: 55.00X151.00
  • Parcel Number: 2517260054
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 4000

Tax Info

  • Tax Amount Summer: 8171.0000
  • Tax Amount Winter: 271.0000
  • Total Tax: 8442.0000
  • Taxable Value: 147740.0000

Multi Family

  • Gross Scheduled Income: 46510.00
  • Number Of Units Total: 5
  • Unit Count: 2
  • Number of One Bedroom Units: 4
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 5

MLS Schools

  • School District: Berkley

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
11/30/2022 11/30/22 Sold $580,000 -3.3% $386 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $600,000 +66.7% $399 / Sq Ft
02/01/2018 02/01/18 Sold $360,000 -8.8% $240 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $394,900 -1.3% $263 / Sq Ft
07/27/2017 07/27/17 For Sale $399,900 -- $266 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220043101

Realcomp