NOT LISTED FOR SALE
11 Beds
6.5 Baths
5,676 Sq Ft
4,356 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $760,000 $134 Per Sq Ft

69 Days on Market

Highlights

  • Property is near public transit and schools
  • Jogging Path
  • Park
  • Corner Lot
  • Cooling Available
  • Shops

About This Home

As of September 2022

De-Leaded 5 Unit Apartment building. Upgraded Kitchens with recess lighting and newer heating systems. Great tenants 7.5% Cap rate with plenty of upside to 10+ cap rate short term. ALL TAW except 1 lease to August 2022

Last Agent to Sell the Property

John Magazzu

Charlesgate Realty Group LLC Listed on: 01/14/2022

Last Buyer's Agent

Manuel Neto

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1925

Lot Details

  • 4,192 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 5,676 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 11 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Block Basement Construction

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • 5 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Bulkhead
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,200
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 0067
  • Assessor Parcel Number 4208352

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $840
  • Insurance Expense $7,213
  • Water Sewer Expense $2,064
  • Operating Expense $11,617
  • Net Operating Income $54,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,817

Year Built

Built in 1925

Lot Details

4,192 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 4(Wood Flooring)
  • Interior Amenities: Unit 1(Storage,Bathroom With Tub), Unit 2(Upgraded Countertops), Unit 3(Storage), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Bulkhead, Dirt Floor, Concrete, Unfinished
  • Living Area: 5676
  • Stories Total: 7
  • MAIN LO: AN2612
  • MAIN SO: AN1199

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 2064

Lot Info

  • Parcel Number: 4208352
  • Zoning: AE
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4192
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6817.21
  • Tax Block: 0000
  • Tax Lot: 0067

Multi Family

  • Electric Expense: 840
  • Insurance Expense: 7213
  • Net Operating Income: 54383
  • Number Of Units Total: 5
  • Operating Expense: 11617
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1
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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
09/22/2022 09/22/22 Sold $760,000 +4.8% $134 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $725,000 0.0% $128 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $725,000 -- $128 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,183 $929,900 $105,400 $824,500
2024 $7,713 $833,800 $110,800 $723,000
2023 $8,078 $795,100 $106,900 $688,200
2022 $7,571 $661,800 $100,800 $561,000
2021 $6,817 $555,600 $100,800 $454,800
2020 $6,695 $538,600 $84,000 $454,600
2019 $6,664 $487,100 $62,500 $424,600
2018 $6,160 $430,200 $56,600 $373,600
2017 $5,703 $371,800 $53,700 $318,100
2016 $5,107 $329,300 $41,900 $287,400
2015 $4,872 $322,200 $41,900 $280,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72933953

MLS Property Information Network (MLS PIN)
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