NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
6,138 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $1,185,000 $374 Per Sq Ft

28 Days on Market

About This Home

As of November 2019

WOW... Great income generating investment opportunity for investors to own a 4-plex *** Conveniently located property with four 2 bedroom/1 bathroom units, 3 carports *** The property sits on just over 6,000 square feet of low maintenance land and was originally constructed in 1962. The property boasts just over 3,168 square feet of living space *** Never vacant for many years *** Minutes to Oakridge Mall and highways 85, 101, and 87 ****

Last Agent to Sell the Property

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 10/14/2019

CENTURY 21 Masters

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 10/14/2019

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,138

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • 6,138 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $76,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,763
  • Maintenance Expense $100
  • Other Expense $500
  • Utility Expense $2,530
  • Trash Expense $1,800
  • Operating Expense $23,555
  • Gross Income $76,800

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3168
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1409
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6136.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6136.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.57
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1763
  • Expense Maintenance: 100
  • Expenses Other: 500
  • Expenses Total: 23555
  • Expenses Utility: 2530
  • Expense Trash: 1800
  • Income Annual Gross: 76800.00
  • Income Annual Rental: 76800
  • Income Gross Scheduled: 76800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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 List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $1,185,000 -12.2% $374 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/09/2019 11/09/19 Price Changed $1,349,000 +8.0% $426 / Sq Ft
11/01/2019 11/01/19 Price Changed $1,249,000 -7.4% $394 / Sq Ft
10/14/2019 10/14/19 For Sale $1,349,000 -- $426 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81772327

MLSListings

APN: 684-31-028