NOT LISTED FOR SALE
8 Beds
4 Baths
5,424 Sq Ft
1929 Built

Last Sold May 24, 2024

Last sale price $475,000 $88 Per Sq Ft

6 Days on Market

About This Home

As of May 2024

Rarely available brick four unit in pristine condition! Each updated unit features 2 comfortable sized bedrooms, 1 bath, hardwood floors, steam heat, formal separate living room and dining room, enclosed back porch. Individual boilers and hot water heaters per unit, less than 5 years old. Property features BRAND NEW electrical throughout entire building, newly poured cement backyard, coin laundry, underground sprinkler system and so much more! Two 2-car brick garages accommodate four vehicles. rented for additional income. Building has been well maintained and occupied by long term, market rate tenants. Huge basement is a blank canvas for ideas with some framing already done. This income producing property is an asset to any investment portfolio. One unit will be vacant 5/1/24 and the other three units currently leased. Additional earnings potential based on the addition of two garden units. AS-IS transaction. Seller offering $10,000 credit! Perfect for owner occupants and/or investors!

Last Agent to Sell the Property

Utopia Beasley

Real People Realty Inc Listed on: 04/04/2024

Last Buyer's Agent

Megan Stewart

Baird & Warner License #475116149

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1929

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,731

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 495000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 6250 SQFT
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 4730.69
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Range of Values:

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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
05/24/2024 05/24/24 Sold $475,000 -4.0% $88 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $495,000 -- $91 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12020525

Midwest Real Estate Data (MRED)

APN: 20314050040000