Estimated payment $4,940/month
Highlights
- No HOA
- Hot Water Heating System
- Level Lot
About This Home
Great 8-plex with a full remodel in 2025. Ready to go and drive income. New windows, new flooring, new paint, new appliances, and new washing machines & dryers (2 of each). Plumbing has been completely redone throughout. Boiler replaced in 2023. Currently partially leased following remodel, with 4 units leased at $1000/month. The other 4 units are ready to be leased. Owner pays all utilities, but bills tenants back at $75/month. Expenses listed are actuals. Proforma rent based on market expectations, buyer to verify.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,138
Year Built
- Built in 1903
Lot Details
- 6,970 Sq Ft Lot
- Level Lot
Home Design
- Metal Roof
Interior Spaces
- 2-Story Property
- Natural lighting in basement
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Schools
- Highland Elementary And Middle School
- Highland School
Utilities
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number R0819886
Community Details
Overview
- No Home Owners Association
- 8 Units
- Ault Town Subdivision
Building Details
- Gross Income $107,600
- Net Operating Income $85,160
Map
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 | $3,138 | $38,060 | $3,500 | $34,560 |
| 2024 | $3,138 | $38,060 | $3,500 | $34,560 |
| 2023 | $2,553 | $46,760 | $2,840 | $43,920 |
| 2022 | $2,547 | $40,760 | $2,200 | $38,560 |
| 2021 | $2,741 | $42,850 | $2,310 | $40,540 |
| 2020 | $2,427 | $38,090 | $1,350 | $36,740 |
| 2019 | $2,560 | $38,090 | $1,350 | $36,740 |
| 2018 | $1,239 | $18,150 | $1,110 | $17,040 |
| 2017 | $1,241 | $18,150 | $1,110 | $17,040 |
| 2016 | $1,194 | $17,830 | $1,110 | $16,720 |
| 2015 | $1,198 | $17,830 | $1,110 | $16,720 |
| 2014 | $935 | $13,930 | $1,020 | $12,910 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $899,000 | +51.1% | -- | |
| 09/09/2024 09/09/24 | Sold | $595,000 | -5.2% | $150 / Sq Ft | View Prior Sale |
| 07/12/2024 07/12/24 | Price Changed | $627,500 | -1.6% | $158 / Sq Ft | |
| 06/24/2024 06/24/24 | Price Changed | $637,500 | -1.5% | $160 / Sq Ft | |
| 05/29/2024 05/29/24 | For Sale | $647,500 | -- | $163 / Sq Ft |
Source: IRES MLS
MLS Number: IRE1047552
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Information deemed reliable but not guaranteed by the MLS.
Based on information submitted to the MLS GRID
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- 390 Cherokee Trail
- 640 Cimarron Trail
- 294 Gila Trail
- 374 Pony Express Trail
- 441 Gila Trail
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- 0 County Road 37
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Ask me questions while you tour the home.