NOT LISTED FOR SALE
4 Beds
2 Baths
10,920 Sq Ft
9,583 Sq Ft Lot

Last Sold April 20, 2018

Last sale price $280,000 $26 Per Sq Ft

126 Days on Market

About This Home

As of April 2018

12 UNITS - CITY CERTIFIED! 9 two bedroom apartments. 3 one bedroom apartments. Great income producer! 300k... Units above are examples. Rents vary and leases vary. Listing agent will give further details to qualified buyers. Seller has multiple rental buildings available and will consider package deal!

Last Agent to Sell the Property

ALEX PERLOS

GOOD EARTH REAL ESTATE, LLC License #6501210977 Listed on: 08/16/2017

Last Buyer's Agent

John Collis

NCDG REALTY & PROPERTY MANAGE License #6502352091

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,551

Year Built

  • Built in 1919

Lot Details

  • 9,583 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water, gas

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $57,722
  • Net Operating Income $543,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,551

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • List Price: 325000.0
  • Road Surface Type: Paved
  • Water Body Name: None
  • Waterfront: No

Lot Info

  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 543000.0
  • Number of Units Total: 12
  • Operating Expense: 57722.0

Tax Info

  • Tax Annual Amount: 3550.57
  • Tax Year: 2017

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $280,000 -- $26 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 21034712

MichRIC