$14,000,000
$1M PRICE DROP

Estimated payment $76,496/month

Total Views 248
32 Beds
32 Baths
32,000 Sq Ft
$438 Price per Sq Ft

Highlights

  • City View
  • Granite Flooring
  • 0.48 Acre Lot

About This Home

Rare opportunity to own a fully renovated 32-unit apartment building in a prime location! This historic school building has been completely modernized with a new roof, all new utilities, and updated interiors throughout. Featuring 30 spacious 1-bedroom apartments and 2 stylish studios, each unit offers quartz countertops, new appliances, and modern finishes. Residents benefit from 19 storage areas, 3 parking lots, a ButterflyMX intercom system, and a full security system. Perfectly situated within walking distance to Polar Park, fine restaurants, and the vibrant nightlife scene, with quick access to major highways for commuting convenience. This property blends historic charm with modern living, making it a highly desirable choice for tenants seeking comfort, safety, and convenience in the heart of the city.

Listing Agent

John Mulryan

Lamacchia Realty, Inc. Listed on: 09/28/2025

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,858

Year Built

  • Built in 1910

Lot Details

  • 0.48 Acre Lot

Parking

  • 35 Car Parking Spaces

Home Design

  • Brick Foundation

Interior Spaces

  • Property has 1 Level
  • Granite Flooring
  • City Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 32 Full Bathrooms

Community Details

  • 32 Units
  • Net Operating Income $48,000

Listing and Financial Details

  • Assessor Parcel Number M:04 B:026 L:00013,1765103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,858

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Levels: 4
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 32
  • Basement YN: Yes
  • Full Bathrooms: 32
  • Total Bathrooms: 32
  • Basement: Full
  • Above Grade Finished Sq Ft: 28000
  • Below Grade Sq Ft: 4000
  • Living Area: 32000
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2314

Exterior Features

  • Foundation Details: Brick/Mortar, Granite
  • Home Warranty YN: No
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 35
  • Total Parking Spaces: 35

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:04 B:026 L:00013,1765103
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20789
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025

Multi Family

  • Net Operating Income: 48000
  • Number Of Units Total: 32
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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 $36,858 $1,288,300 $306,900 $981,400
2024 -- $1,495,100 $306,900 $1,188,200
2023 $0 $1,344,100 $204,200 $1,139,900
2022 $0 $1,344,100 $204,200 $1,139,900
2021 $0 $1,344,100 $204,200 $1,139,900
2020 $0 $1,344,100 $204,200 $1,139,900
2019 $0 $1,338,700 $198,800 $1,139,900
2018 $0 $1,338,300 $198,800 $1,139,500
2017 $0 $1,338,300 $198,800 $1,139,500
2016 -- $949,000 $175,500 $773,500
2015 -- $949,000 $175,500 $773,500
2014 -- $949,000 $175,500 $773,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $14,000,000 -6.7% $438 / Sq Ft
09/28/2025 09/28/25 For Sale $15,000,000 -- $469 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,100,000 None Available
Quit Claim Deed $1,100,000 None Available
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73436659

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000026-000013