NOT LISTED FOR SALE
18 Beds
6 Baths
7,062 Sq Ft
6,500 Sq Ft Lot

Last Sold April 05, 2023

Last sale price $655,000 $93 Per Sq Ft

3 Days on Market

About This Home

As of April 2023

Great investment opportunity to own, a multifamily consisting of 6 units! All units currently occupied, see attached rent roll sheet for details. ALL units have Lead Compliance certificate, see attached documents. Lots of updates done by current owner, most units turned over. Property clean and well maintained. Tenants pay own utilities. All Appliances transferred to new owner. *See special Showings Instructions*

Last Agent to Sell the Property

Viktoria Brennan

Listed on: 01/26/2023

Last Buyer's Agent

ChangBae Son

Premier Realty Group - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 1922

Lot Details

  • 6,500

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 7,062 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 150 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • 6,500 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $7,600
  • Assessor Parcel Number M:0626 P:00021,2511029

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $3,096
  • Water Sewer Expense $3,492
  • Operating Expense $6,588
  • Net Operating Income $84,612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,411

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1922
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 7062
  • Stories Total: 3
  • MAIN LO: AN5521
  • MAIN SO: AN1953

Exterior Features

  • Construction Materials: Frame, Brick
  • Foundation Details: Block
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Electric: 150 Amp Service
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 3492

Lot Info

  • Parcel Number: M:0626 P:00021,2511029
  • Zoning: 13
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6500
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6411

Multi Family

  • Insurance Expense: 3096
  • Net Operating Income: 84612
  • Number Of Units Total: 6
  • Operating Expense: 6588
  • Total Actual Rent: 7600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2023 04/05/23 Sold $655,000 +4.8% $93 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $625,000 +92.3% $89 / Sq Ft
08/29/2014 08/29/14 Sold $325,000 -17.7% -- View Prior Sale
07/30/2014 07/30/14 Pending -- -- --
07/02/2013 07/02/13 For Sale $395,000 -- --
Source: MLS Property Information Network (MLS PIN)

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 $9,361 $617,500 $62,700 $554,800
2024 $6,871 $465,500 $61,500 $404,000
2023 $6,411 $423,200 $55,900 $367,300
2022 $6,130 $360,800 $48,600 $312,200
2021 $6,528 $370,700 $44,200 $326,500
2020 $6,127 $350,900 $44,200 $306,700
2019 $6,065 $337,700 $44,200 $293,500
2018 $5,903 $322,400 $42,100 $280,300
2017 $5,240 $302,700 $43,600 $259,100
2016 $5,371 $317,600 $43,600 $274,000
2015 $4,671 $266,300 $43,600 $222,700
2014 $4,397 $266,300 $43,600 $222,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73073975

MLS Property Information Network (MLS PIN)

APN: CHIC M:0626 P:00021