NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1912 Built

Last Sold February 18, 2020

Last sale price $730,000

7 Days on Market

Highlights

  • Victorian Architecture
  • Porch
  • Forced Air Heating System
  • 2 Car Detached Garage
  • Patio
  • 4-minute walk to Paschen Park

About This Home

As of February 2020

Investors or Owner-Occupants! Dont miss this Amazing Money Maker! Beautifully updated, fully rehabbed 3 flat plus coach house each with in-Unit washer & dryer in great neighborhood walking distance to schools and public transportation. 2 large 3 bedroom units plus a 2 bedroom in-law and 1 Bedroom coach house plus 2 car garage generates over $6000 per month. New roof in 2017 ! Everything is practically new in this building! Great cash flow and tenants pay all utilities. Call today to see. Neither AGent nor Owner warrants the legality of the garden unit.

Last Agent to Sell the Property

Mary Aloisio

@properties Christie?s International Real Estate License #475168184 Listed on: 09/24/2019

@properties Christie?s International Real Estate

Co-Listed By

Bob Aloisio

@properties Christie?s International Real Estate License #475174036

Last Buyer's Agent

Adam Zagata

Real Broker LLC License #475164308

Real Broker LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1912 | Remodeled in 2017

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 6 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Patio
  • Porch

Lot Details

  • Lot Dimensions are 34 x 172

Utilities

  • Forced Air Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $72,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1912 | Remodeled in 2017

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1912
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Full
  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Exterior Access
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Wood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors,Cooktop
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Roof: Asphalt, Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air, Steam
  • Water Source: Lake Michigan, Public

Fee Information

  • Other Expenses $: 12000

Lot Info

  • Lot Dimensions: 34 X 172
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: All

Multi Family

  • Net Operating Income: 60000
  • GrossIncome: 72000
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,Coach House

Tax Info

  • Tax Annual Amount: 7500
  • Tax Year: 2018
  • Tax Exemptions: None
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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
02/18/2020 02/18/20 Sold $730,000 -1.2% --
10/01/2019 10/01/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $739,000 +105.3% --
11/09/2016 11/09/16 Sold $360,000 -10.0% -- View Prior Sale
06/28/2016 06/28/16 Pending -- -- --
06/06/2016 06/06/16 Price Changed $399,900 -5.9% --
04/14/2016 04/14/16 Price Changed $424,900 -5.6% --
03/23/2016 03/23/16 For Sale $450,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $9,072 $59,001 $13,082 $45,919
2024 $9,072 $59,001 $13,082 $45,919
2023 $8,844 $43,000 $10,465 $32,535
2022 $8,844 $43,000 $10,465 $32,535
2021 $8,647 $42,999 $10,465 $32,534
2020 $7,362 $33,047 $8,430 $24,617
2019 $7,623 $37,942 $8,430 $29,512
2018 $7,495 $37,942 $8,430 $29,512
2017 $6,318 $29,349 $7,558 $21,791
2016 $6,617 $33,038 $7,558 $25,480
2015 $6,054 $33,038 $7,558 $25,480
2014 $4,856 $26,171 $6,976 $19,195
2013 $4,760 $26,171 $6,976 $19,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10527407

Midwest Real Estate Data (MRED)
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