NOT LISTED FOR SALE
18 Beds
14 Baths
-- Sq Ft
1965 Built

Last Sold October 25, 2021

Last sale price $685,000

18 Days on Market

About This Home

As of October 2021

Outstanding 14 unit multifamily located in a great rental area. Numerous upgrades since 2013 that include a new roof, hot water boiler, direct fire alarm and more. Numerous upgraded apartments that include new ceramic tile in kitchens & bathrooms and new carpeting. Huge private parking lot . Flexicore construction. 100% rented. A great addition to an owners portfolio.

Last Agent to Sell the Property

James Tammaro

RE/MAX 10 License #475114220 Listed on: 05/26/2021

RE/MAX 10

Last Buyer's Agent

Steve Harris

RE/MAX 1st Service License #475099011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,797

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 125 x 25
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 14 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 14 Units

Building Details

  • Electric Expense $1,059
  • Fuel Expense $4,097
  • Insurance Expense $4,016
  • Maintenance Expense $2,425
  • Manager Expense $5,014
  • Other Expense $5,070
  • Trash Expense $1,498
  • Water Sewer Expense $2,344
  • Operating Expense $55,146
  • Gross Income $125,340
  • Net Operating Income $66,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,797

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 14
  • Total Bedrooms: 18
  • Basement Description: Unfinished
  • Fireplaces: 2
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 14
  • Ranges: 14
  • Number of Windows: 12
  • Number of Washers: 2
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 699900
  • Exterior Building Type: Brick

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Manager Expense: 5014
  • Unincorporated (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1498
  • Water Sewer Expenses: 2344
  • Janitor Expense: 2820
  • Operating Expense Includes: Maintenance Grounds,Snow Removal,Supplies,Utilities

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 125 X 25

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • Net Operating Income: 66506
  • Fuel Expense: 4097
  • Insurance Expense: 4016
  • ElectricExpense: 1059
  • GrossIncome: 125340
  • Maintenance Expense: 2425
  • NumberOfUnitsTotal: 14
  • OperatingExpense: 55146
  • Expense Year: 2020
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 26797
  • Tax Year: 2019

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/25/2021 10/25/21 Sold $685,000 -2.1% --
06/13/2021 06/13/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $699,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11101167

Midwest Real Estate Data (MRED)