NOT LISTED FOR SALE
8 Beds
8 Baths
3,479 Sq Ft
7,440 Sq Ft Lot

Sale Details

Date Sold: January 5, 2018

Last sale price $1,255,000 $361 Per Sq Ft

13 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Coin Laundry
  • Independence High School Rated A-

About This Home

As of January 2018

Great value in this Fourplex: all units are townhouse style: 2 bedrooms, 1.5 baths. Month to Month, low rents reflect long-term tenants.There is a huge upside potential here. Termite and property Inspection reports are available.

Last Agent to Sell the Property

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 11/21/2017

Last Buyer's Agent

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 11/21/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 7,440 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,479 Sq Ft Home
  • 2-Story Property
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $70,440

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,800
  • Maintenance Expense $2,400
  • Utility Expense $1,800
  • Trash Expense $2,000
  • Operating Expense $8,000
  • Gross Income $70,440

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

7,440 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3479
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Formica, Exhaust Fan
  • Living Sq Ft: 3479
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Lot Info

  • Lot Acres: 0.1708
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7440.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7440.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.73
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Maintenance: 2400
  • Expenses Total: 8000
  • Expenses Utility: 1800
  • Expense Trash: 2000
  • Income Annual Gross: 70440.00
  • Income Annual Rental: 70440
  • Income Gross Scheduled: 70440
  • Income Includes: Coin Operated Equip, Laundry, Parking
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2018 01/05/18 Sold $1,255,000 +0.5% $361 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/21/2017 11/21/17 For Sale $1,249,000 -- $359 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81685337

MLSListings

APN: 484-07-041

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