NOT LISTED FOR SALE
11 Beds
6 Baths
4,950 Sq Ft
2,614 Sq Ft Lot

Last Sold July 25, 2016

Last sale price $425,000 $86 Per Sq Ft

1 Day on Market

About This Home

As of July 2016

GREAT INCOME OPPORTUNITY, RENTALS ARE IN DEMAND NOW. WELL-MAINTAINED SIX FLAT WITH NEWER APPLIANCES, FLOORING AND WASHER/DRYER. FIVE 2-BEDROOMS, AND ONE 1-BEDROOM UNITS. IDEAL LOCATION, CLOSE TO SHOPS, PACE BUS STOP AND EXPRESSWAY 53. DESIRABLE BLDG. IN THE COMPLEX WITH LONG TERM TENANTS. 24 HR NOTICE REQUIRED FOR SHOWINGS.

Last Agent to Sell the Property

Jayesh Parekh

ARNI Realty Incorporated License #475149245 Listed on: 05/12/2016

ARNI Realty Incorporated

Last Buyer's Agent

Jayesh Parekh

ARNI Realty Incorporated License #475149245 Listed on: 05/12/2016

ARNI Realty Incorporated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,767

Year Built

  • Built in 1981

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 45x60
  • Additional Parcels

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,950 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,200
  • Insurance Expense $2,400
  • Maintenance Expense $3,250
  • Other Expense $3,600
  • Water Sewer Expense $1,800
  • Operating Expense $24,590
  • Gross Income $58,800
  • Net Operating Income $34,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,767

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1981
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Windows: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 425000
  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Electric

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Water Sewer Expenses: 1800
  • Janitor Expense: 600

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.06
  • Lot Dimensions: 45X60
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 4950

Multi Family

  • Net Operating Income: 34210
  • Insurance Expense: 2400
  • ElectricExpense: 1200
  • GrossIncome: 58800
  • Maintenance Expense: 3250
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 24590
  • Expense Year: 2015
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 10766.92
  • Tax Year: 2014

Range of Values:

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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 Change Sq Ft Price
07/25/2016 07/25/16 Sold $425,000 0.0% $86 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $425,000 -- $86 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09224796

Midwest Real Estate Data (MRED)