NOT LISTED FOR SALE

Estimated Value: $359,000 - $430,284

6 Beds
3 Baths
3,130 Sq Ft
$125/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $340,000 $109 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,431/month

8 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Porch
  • Attic
  • No HOA
  • Public Transportation

About This Home

As of July 2023

TURN KEY ASSET with BIG UPDATES & CASH FLOW! Perfect investment opportunity in this fully occupied three-family on a large corner lot w/all the updates and big units. The property consists of (3) 2 bed, 1 bath units = approx. 1,043 SF each w/LR, DR, EIK & pantry. This home features new roof (2020), new vinyl siding (2021), new front porch (2021) and replacement windows throughout. The units have hardwood floors in the living areas, tile floors + updated kitchens and baths and washer/dryer hook-ups in the basement. The utilities are tenant paid = all gas hot water and cooking. 1st fl is gas heat, 2nd & 3rd fl are electric heat. Owner pays water/sewer. There is a private driveway with ample off-street parking in back. Looking for a turn key, low maintenance investment w/8.5% ROI and value add = 10% CAP proforma this is it!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 05/21/2023

Oxford Realty

Last Buyer's Agent

Maricela Herrera

eXp Realty License #RES.0803036

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,561

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,130 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Crawl Space

Parking

  • 9 Parking Spaces
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,561

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: W.O.W
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3130
  • Public Record Living Room Sq Ft: 3130
  • Total Sq Ft: 3130
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 06/12/2023
  • Directions: Cherry St to Walnut St OR E Farm St to Walnut St
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Location: basement
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Paved
  • Total Parking Spaces: 9

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.1600
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 37200
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 5561
  • Mil Rate Base: 54.190
  • Assessor Parcel Number: 1381329

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2023
Closed on
Jul 21, 2023
Sold by
Goncalves Joao and Goncalves Maria
Bought by
Yishaq Group Llc
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Maricela Herrera
eXp Realty
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%
Views
120
Current Estimated Value
$390,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,071
Avg. Annual Appreciation
5.92%
Original Mortgage
$220,500
Outstanding Balance
$215,161
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,910

Purchase Details

Closed on
May 23, 2003
Sold by
Us Bk Na
Bought by
Goncalves Maria H and Goncalves Joao S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.74%
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
Yishaq Group Llc $340,000 None Available
Goncalves Maria H $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yishaq Group Llc $220,500
Previous Owner Goncalves Maria H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $340,000 +3.1% $109 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/21/2023 05/21/23 For Sale $329,900 -- $105 / Sq Ft
Source: SmartMLS

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 $4,616 $102,620 $12,040 $90,580
2024 $5,074 $102,620 $12,040 $90,580
2023 $5,561 $102,620 $12,040 $90,580
2022 $2,458 $40,820 $12,070 $28,750
2021 $2,458 $40,820 $12,070 $28,750
2020 $2,458 $40,820 $12,070 $28,750
2019 $2,458 $40,820 $12,070 $28,750
2018 $2,458 $40,820 $12,070 $28,750
2017 $2,480 $41,190 $12,070 $29,120
2016 $2,480 $41,190 $12,070 $29,120
2015 $2,398 $41,190 $12,070 $29,120
2014 $2,398 $41,190 $12,070 $29,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170571805

SmartMLS

APN: WATE-000276-000596-000135