NOT LISTED FOR SALE
4 Beds
4 Baths
3,362 Sq Ft
0.26 Acres

Last Sold September 16, 2020

Last sale price $135,000 $40 Per Sq Ft

41 Days on Market

About This Home

As of September 2020

Great investment opportunity in this brick 5 plex. Owner has put in some new windows and the rest are included with the sale for the new owner to install. There are washer/dryer hook-ups if you want to put in coin-op laundry for additional revenue source. There is a 4 car-detached garage that current owner is using personally but those could be rented out as well. All apartments have a through the wall heat/air unit. Owner is a licensed Real Estate Agent.

Last Agent to Sell the Property

Rebecca Goreham

MPM Realty License #B65296000/471.021659 Listed on: 06/24/2020

Co-Listed By

Seth Woods

Realty One Group Opening Doors License #S68357

Last Buyer's Agent

Richard Mcclintock

Epique Realty License #S65382000/475.175050

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 0.26

Schools

  • Davenport High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: FULTON'S REPLAT OF PART OL 8 OF Lot: 015 Block: 15.5 FULTON'S REPLAT OFPART OL 8 OFFULTON'S ADD TO E
  • Lvt Date: 06/25/2020
  • Year Built: 1934
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 5
  • Number Refrigerators: 5
  • Basement: Full, Partially Finished
  • Price Per Sq Ft: 40.15
  • Total Sq Ft: 3362

Exterior Features

  • Exterior: Brick
  • Road Access: Alley, Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Water Heater - Gas, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 998
  • Garbage Collection Exp: 3200
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 1800
  • Number Window Units: 5

Schools

  • High School: Davenport
  • High School: Davenport

Lot Info

  • Estimated Lot Size: 150x75
  • Estimated Number of Acres: 0.26
  • Lot Description: Level
  • Subdivision: Fulton
  • Geo Subdivision: IA

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 26400
  • Management Expense: 2818

Tax Info

  • Annual Taxes: 4848
  • Parcel Id Number Tax Id: F0007-02
  • Tax Year: 2018

Multi Family

  • Total Number Units: 5
  • Gross Annual Income: 26400
  • Total Number Central Air Units: 5
  • Total Number Electric Meters: 5
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 5
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

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
09/16/2020 09/16/20 Sold $135,000 -22.9% $40 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $175,000 0.0% $52 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $175,000 -- $52 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4212725

RMLS Alliance