$360,000
SOLD FEB 28, 2025
6 Beds
2 Baths
2,020 Sq Ft
6,400 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Medical Services
  • Sun or Florida Room
  • Living Room
  • Property is near public transit
  • Porch
  • Park

About This Home

As of February 2025

Excellent 2 family investment opportunity!! Looking to add or to start your rental portfolio, Well look no further, 19 Reed Ave is just the one!! All units have the same layout - kitchen, living room, bath, 3 bedrooms & front porch. Separate utilities for all units, including electric, individual natural gas forced hot air furnace on 1st fl, Electric Heat on second fl, Dedicated Water Heaters & More. Units have updates and have been rented with long term tenants over the years. Laundry hook-ups and storage in common area basement. Rent advertised is Estimated market value. Owner pays water, sewer & trash. Close to area colleges, Library, shopping centers, and more! This building is nestled amongst other multi-unit homes with its own off street parking. Now is the time, invest in your future! Schedule your appointment today. Easy to show.

Last Agent to Sell the Property

Dakota Richards

ERA M Connie Laplante Real Estate Listed on: 01/17/2025

ERA M Connie Laplante Real Estate

Last Buyer's Agent

Cynthia Gonzalez

Executive Real Estate, Inc.

Executive Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 1910

Lot Details

  • 6,400 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,020 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,000
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number M:0127 P:00021,2500772

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Insurance Expense $2,900
  • Water Sewer Expense $1,300
  • Operating Expense $975
  • Net Operating Income $20,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,456

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other, Laundry Room, Living Room, Kitchen, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Unfinished
  • Living Area: 2020
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: J02000
  • LIST PRICE PER Sq Ft: 173.22
  • PRICE PER Sq Ft: 178.22
  • MAIN SO: AC1693

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, Forced Air, Steam, Natural Gas, Electric
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: No
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1300

Lot Info

  • Parcel Number: M:0127 P:00021,2500772
  • Zoning: 4
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6400
  • Lot Size Units: Acres
  • PAGE: 537
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3456
  • Tax Book Number: 23886

Multi Family

  • Gross Income: 20100
  • Insurance Expense: 2900
  • Net Operating Income: 20100
  • Number Of Units Total: 2
  • Operating Expense: 975
  • Total Actual Rent: 3000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 28, 2025
Sold by
Alekseyeva Yekaterina
Bought by
Meono Luis and Meono Abimael
Seller's Agent
Dakota Richards
ERA M Connie Laplante Real Estate
Buyer's Agent
Cynthia Gonzalez
Executive Real Estate, Inc.
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Views
28
Current Estimated Value
$362,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,787
Avg. Annual Appreciation
1.59%
Original Mortgage
$270,000
Outstanding Balance
$268,889
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,898

Purchase Details

Closed on
May 17, 2021
Sold by
Rooney Eric M
Bought by
Alekseyeva Yekaterina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2016
Sold by
Gaj Donna M and Rooney Eric M
Bought by
Rooney Eric M

Purchase Details

Closed on
Aug 13, 2015
Sold by
Gaj Theodore S and Gaj Donna M
Bought by
Gaj Donna M and Rooney Eric M

Purchase Details

Closed on
Oct 14, 2009
Sold by
Gaj Theodore S
Bought by
Rooney Donna M and Gaj Theodore S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 None Available
Warranty Deed $360,000 None Available
Not Resolvable $215,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Purchase Money Mortgage
Closed $270,000 Purchase Money Mortgage
Previous Owner $161,250 Purchase Money Mortgage
Previous Owner $65,000 Unknown
Previous Owner $18,000 No Value Available
Previous Owner $15,000 No Value Available
Previous Owner $17,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $360,000 +2.9% $178 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/17/2025 01/17/25 For Sale $349,900 -- $173 / Sq Ft
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 $3,456 $228,000 $74,900 $153,100
2024 $3,271 $221,600 $73,400 $148,200
2023 $3,051 $201,400 $66,700 $134,700
2022 $3,498 $205,900 $58,000 $147,900
2021 $3,263 $185,300 $49,800 $135,500
2020 $3,073 $176,000 $49,800 $126,200
2019 $2,994 $166,700 $49,800 $116,900
2018 $2,922 $159,600 $47,400 $112,200
2017 $2,655 $153,400 $43,400 $110,000
2016 $2,584 $152,800 $43,400 $109,400
2015 $2,352 $134,100 $43,400 $90,700
2014 $926 $134,100 $43,400 $90,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73327306

MLS Property Information Network (MLS PIN)

APN: CHIC-000127-000000-000021