NOT LISTED FOR SALE
-- Bed
-- Bath
5,728 Sq Ft
8,256 Sq Ft Lot

Last Sold October 20, 2022

Last sale price $2,587,500 $452 Per Sq Ft

42 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • Multiple Heating Units
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2022

Drive by only. Do not disturb tenants. 1636 Clayton Road presents an excellent opportunity for an investor to purchase a turnkey eight-unit apartment building with immediate day one cash flow. Built in 1961, the 5,728 square foot building sits on a 8,256 square foot lot with uncovered off-street parking spaces. The property consists of one well maintained 1 bedroom/ 1 bathroom unit and seven (7) 2 bedroom/ 1 bathroom units which are all individually metered for gas and electric. Six of the eight units are occupied by long term Section 8 tenants; providing consistent, recession/pandemic proof income. One unit is currently vacant and ready to rent. Additional income from laundry facilities and low operating expenses. Current ownership has completed significant capital improvements over the last few years including roof replacement, new water heater, and new laundry equipment.

Last Agent to Sell the Property

Eric Keena

Bhhs Drysdale Properties License #02077388 Listed on: 08/25/2022

Bhhs Drysdale Properties

Last Buyer's Agent

Eric Keena

Bhhs Drysdale Properties License #02077388 Listed on: 08/25/2022

Bhhs Drysdale Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,256 Sq Ft Lot
  • Rectangular Lot

Parking

  • Parking Lot

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • 5,728 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 128010038

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.19
  • Directions: CA-242N Exit 1
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Appliances: Dryer, Washer
  • Other Equipment: See Remarks

Exterior Features

  • Lot Features: Regular
  • Construction Type: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Space Per Unit - 1

Utilities

  • Heating: MultiUnits
  • Utilities: No Water/Sewer, Individual Electric Meter
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 8256
  • Parcel Number: 128010038
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 0.00

Range of Values:

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Average Value
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List Price
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
02/04/2025 02/04/25 Off Market $2,587,500 -- --
10/20/2022 10/20/22 Sold $2,587,500 -4.2% $452 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $2,700,000 -- $471 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41006517

Bay East Association of REALTORS®