NOT LISTED FOR SALE
Studio
5 Baths
-- Sq Ft
2,790 Sq Ft Lot

Sale Details

Date Sold: March 10, 2014

Last sale price $1,100,000

60 Days on Market

Highlights

  • No HOA
  • Radiator
  • 4-minute walk to Neighborhood Park
  • Property is in very good condition

About This Home

As of March 2014

Extremely rare 13-unit apartment building available in Michigan Park. 9 1-bedrooms, 2 efficiencies and 2 2-bedrooms. The building grosses over $6,000 with 6 of the 13 units vacant. Leased units have updated kitchens and original hardwood floors. 3 basement units are in need of renovation and utilities are a commonly metered. Booming developments just minutes away.

Last Agent to Sell the Property

Kymber Lovett-Menkiti

(202) 243-7700 kymber@kwcapitalproperties.com Keller Williams Capital Properties Listed on: 09/26/2013

Keller Williams Capital Properties

Last Buyer's Agent

Anthony Bolling

(240) 737-5000 anthony@anthonybollinggroup.com Keller Williams Preferred Properties License #BR701884

Keller Williams Preferred Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1939

Lot Details

  • 2,790 Sq Ft Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Plaster Walls

Interior Spaces

  • Casement Windows
  • Oven

Partially Finished Basement

  • Connecting Stairway
  • Side Basement Entry

Utilities

  • Radiator
  • Heating System Uses Oil
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for insurance, repairs, real estate taxes, all utilities
  • Tax Lot 23
  • Assessor Parcel Number 4192//0023

Community Details

Overview

  • No Home Owners Association
  • 13 Units
  • Michigan Park Subdivision

Building Details

  • Operating Expense $25,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,796

Year Built

Built in 1939

Lot Details

2,790 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven - Single, Refrigerator
  • Window Features: Casement
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Side Entrance, Connecting Stairway, Partially Finished

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Oil
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Area: 2790
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2790.00
  • Property Condition: Very Good, Below Average
  • Soil Types: Unknown
  • Zoning: R-1-B
  • In City Limits: Yes

Rental Info

  • Owner Pays: Insurance, Repairs, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4796.21
  • Assessor Parcel Number: 4192//0023
  • Tax Lot: 23
  • Tax Year: 2012

Multi Family

  • Gross Income: 75122.16
  • Metering: All Common
  • Operating Expense: 25070.72
  • Vacancy Allowance Rate: 46.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $1,100,000 -8.3% --
11/25/2013 11/25/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $1,200,000 -- --
Source: Bright MLS

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Map

Source: Bright MLS

MLS Number: 1003728700

Bright MLS
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