NOT LISTED FOR SALE

Estimated Value: $551,000 - $568,000

6 Beds
3 Baths
2,328 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $502,500 $216 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,503/month

16 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of October 2023

Welcome to your perfect opportunity! This multi-family gem is a dream for first-time homebuyers and savvy investors alike. With just a 3.5% down payment using an FHA loan, you can unlock the potential of house hacking – living in one unit while renting out the others. Imagine significantly reducing your mortgage costs as your tenants help pay it off! For the investor seeking to expand their portfolio, this property offers fantastic potential. Adding doors means increasing your revenue streams, all while taking advantage of the benefits of multi-family ownership. With steady rental income and potential for property value appreciation, this is a strategic move towards building long-term wealth. Don't miss out on this financially savvy opportunity – seize the chance to make the most of your investment goals with this multi-family property & start collecting rent on day 1!

Last Agent to Sell the Property

Valencia Jacobs Brown

Zander Realty Group Listed on: 08/22/2023

Last Buyer's Agent

Valencia Jacobs Brown

Zander Realty Group Listed on: 08/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1900

Lot Details

  • 4,042 Sq Ft Lot
  • Near Conservation Area
  • Fenced

Home Design

  • 2,328 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Dirt Floor

Parking

  • 1 Car Parking Space
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • 60 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number M:0K13 B:0000 L:0093,5203503

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Dirt Floor
  • Living Area: 2328
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5840
  • LIST PRICE PER Sq Ft: 214.35
  • PRICE PER Sq Ft: 215.85
  • MAIN SO: AN5840

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Electric: 60 Amps/Less
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0K13 B:0000 L:0093,5203503
  • Zoning: G
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4042
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3930
  • Tax Book Number: 0

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 3
  • Total Actual Rent: 1400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pierre Naomi K $493,397
Closed Knight Shalia $379,990
Closed Arsenault Dennis A $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $502,500 +0.7% $216 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $499,000 +28.9% $214 / Sq Ft
07/14/2021 07/14/21 Sold $387,000 +7.8% $149 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $359,000 -- $138 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $4,749 $414,800 $101,400 $313,400
2024 $4,518 $393,200 $94,700 $298,500
2023 $3,930 $320,300 $79,400 $240,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73150985

MLS Property Information Network (MLS PIN)

APN: FALL M:0K-13 B:0000 L:0093