NOT LISTED FOR SALE
3 Beds
5 Baths
3,357 Sq Ft
5,663 Sq Ft Lot

Last Sold September 30, 2021

Last sale price $1,075,000 $320 Per Sq Ft

25 Days on Market

Highlights

  • Golf Course Community
  • 2-minute walk to Hyde Park
  • Property is near public transit and schools
  • Medical Services
  • Landscaped Professionally
  • Corner Lot

About This Home

As of September 2021

Location! Location! Location! Superb, hard-to-find Multi-family investment in Hyde Park! Walk to commuter rail, bus stop and Cleary Square and enjoy the many quaint shops, historic theatre and amazing restaurants. Minutes from highway access. Three units are 1-bedroom apartments, and two units are studio apartments. There is a one-car garage (used primarily for storage), ample parking, and a full unfinished basement. The units need some updating, but what an incredible opportunity this is to own a money-making investment property! Easy rental and great condo conversion possibility. PROPERTY ADDRESS ALSO KNOWN AS 1305 Hyde Park Avenue.

Last Agent to Sell the Property

Gail LiDonni

Legacy Properties Listed on: 06/14/2021

Last Buyer's Agent

Gail LiDonni

Legacy Properties Listed on: 06/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,796

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped Professionally
  • Corner Lot
  • Zero Lot Line

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,357 Sq Ft Home
  • Mud Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • No Cooling
  • 5 Heating Zones
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $7,535
  • Rent includes unit 1(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number 1343123

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Electric Expense $179
  • Insurance Expense $3,075
  • Water Sewer Expense $3,142
  • Operating Expense $7,398
  • Net Operating Income $83,022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,796

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Tile,Carpet,Laminate,Wood Laminate, Unit 1(undefined), Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet,Stone/Ceramic Tile Floor), Unit 4(Wall to Wall Carpet)
  • Interior Amenities: Mudroom, Unit 1(Bathroom with Shower Stall,Open Floor Plan), Unit 2(Ceiling Fans,Cathedral/Vaulted Ceilings,Bathroom with Shower Stall,Open Floor Plan), Unit 3(Bathroom With Tub & Shower), Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Loft), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 3
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Concrete
  • Living Area: 3357
  • Stories Total: 7
  • MAIN LO: AC2275
  • MAIN SO: AC2275

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: BWSC
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 3142

Lot Info

  • Parcel Number: 1343123
  • Zoning: MIXED USE
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Zero Lot Line
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5684

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7796.45

Multi Family

  • Electric Expense: 179
  • Insurance Expense: 3075
  • Net Operating Income: 83022
  • Number Of Units Total: 5
  • Operating Expense: 7398
  • Total Actual Rent: 7535
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
09/30/2021 09/30/21 Sold $1,075,000 -4.4% $320 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $1,125,000 -6.2% $335 / Sq Ft
06/23/2021 06/23/21 Price Changed $1,199,000 -4.1% $357 / Sq Ft
06/14/2021 06/14/21 For Sale $1,250,000 -- $372 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,444 $729,200 $169,100 $560,100
2024 $8,174 $749,900 $169,100 $580,800
2023 $8,238 $767,000 $169,100 $597,900
2022 $8,084 $743,000 $169,100 $573,900
2021 $7,983 $748,200 $588,500 $159,700
2020 $7,796 $738,300 $159,700 $578,600
2019 $7,678 $728,500 $162,300 $566,200
2018 $7,362 $702,500 $157,600 $544,900
2017 $7,164 $676,500 $147,800 $528,700
2016 $6,551 $595,500 $138,400 $457,100
2015 $6,055 $500,000 $124,100 $375,900
2014 $5,787 $460,000 $110,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72849511

MLS Property Information Network (MLS PIN)