NOT LISTED FOR SALE

Estimated Value: $293,000 - $361,000

6 Beds
3 Baths
3,036 Sq Ft
$109/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $337,500 $111 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,384/month

12 Days on Market

Highlights

  • Wood Flooring
  • Bathroom on Main Level
  • Laundry Facilities
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Barker Park

About This Home

As of June 2023

Final group showing Wednesday at 2PM. Best and Final Offers due Friday at 2PM. By appointment only.

Fantastic, FULLY RENTED 3 Unit Multi-Family Building for Sale!

This charming 3 unit building is located in a sought-after neighborhood, offering a great investment opportunity. Each unit features 2 bedrooms and one bathroom.

This building has consistent occupancy, providing a steady stream of rental income for the owner.

On-site laundry facilities are also available, adding to the property's appeal and rental value.

Don't miss out on this rare opportunity to own a multi-family property in a fantastic location. Contact us today to schedule a viewing and start building your real estate portfolio.

Investors will enjoy at 10.81% cap rate

Last Agent to Sell the Property

Amy Magur

KW Platform License #10301222532 Listed on: 02/09/2023

KW Platform

Last Buyer's Agent

James Perniciaro

Heer Realty, Inc. License #10401330299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 2,178

Home Design

  • Triplex
  • Rolled or Hot Mop Roof
  • Rubber Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry
  • Laundry in Basement

Additional Features

  • 2,178 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • Insurance Expense $2,000

Listing and Financial Details

  • Tenant pays for hot water, heat, gas
  • The owner pays for trash collection, sewer, water
  • Legal Lot and Block 10 / 15
  • Assessor Parcel Number 101.53-15.10

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,712

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Year Built: 1900
  • Directions: 5th Av between State and Congress
  • Above Grade Finished Sq Ft: 3036.0
  • Financial Details General Taxes: 2436.85
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2275.37
  • School Taxes Description: Actual
  • Lot Size Acres: 0.05
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Rental Income: 43800.0
  • Rental Income Description: Estimated
  • Flooring:Wood: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Laundry Features:Common Area: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Interior Entry, Partial
  • Interior Amenities: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1000.0
  • Living Area: 3036.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Bathroom Levels Full Bathroom 3: 3rd
  • Owner Pays: Trash Collection, Sewer, Water
  • Basement:Partial: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Rolled/Hot Mop, Rubber
  • Construction Type: Aluminum Siding
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Construction Materials:Aluminum Siding: Yes
  • Exterior Features:Other58: Yes

Garage/Parking

  • Open Parking: No
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Laundry Features: Common Area, In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Troy

Lot Info

  • Parcel #: 101.53-15.10
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas

Multi Family

  • Insurance Expense: 2000.0

Tax Info

  • Tax Annual Amount: 4712.22
  • Tax Block: 15
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jun 6, 2023
Sold by
Peak Mgmt Solutions Inc
Bought by
1647 Fifth Street Llc
Seller's Agent
Amy Magur
KW Platform
Buyer's Agent
James Perniciaro
Heer Realty, Inc.
List Price
$325,000
Sold Price
$337,500
Premium/Discount to List
$12,500
3.85%
Views
30
Current Estimated Value
$354,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,500
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Catalyst Media Inc
Bought by
Peak Management Solutions

Purchase Details

Closed on
Dec 17, 2018
Sold by
Saljanin Adil
Bought by
Catalyst Media Inc

Purchase Details

Closed on
Feb 16, 2007
Sold by
Trustee Us Bank Na
Bought by
Sayomn Adil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
1647 Fifth Street Llc $337,500 Stewart Title
Peak Management Solutions -- None Available
Catalyst Media Inc $90,000 --
Sayomn Adil $75,000 Dorothy Tischler
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2023 06/07/23 Sold $337,500 +3.8% $111 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $325,000 -- $107 / Sq Ft
Source: Global MLS

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
2024 $6,399 $101,000 $8,000 $93,000
2023 $5,030 $101,000 $8,000 $93,000
2022 $4,652 $101,000 $8,000 $93,000
2021 $1,188 $101,000 $8,000 $93,000
2020 $2,326 $101,000 $8,000 $93,000
2019 $3,339 $101,000 $8,000 $93,000
2018 $3,339 $101,000 $8,000 $93,000
2017 $3,324 $101,000 $8,000 $93,000
2016 $4,416 $101,000 $8,000 $93,000
2015 $2,140 $101,000 $8,000 $93,000
2014 $2,140 $101,000 $8,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202311686

Global MLS

APN: 1700-101.53-15-10