NOT LISTED FOR SALE
10 Beds
4 Baths
3,376 Sq Ft
3,049 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $295,100 $87 Per Sq Ft

6 Days on Market

About This Home

As of January 2021

AMAZING INVESTMENT OPPORTUNITY IN THIS MIXED-USE, WELL MAINTAINED, BRICK MULTI UNIT BUILDING. BUILDING FEATURES 10 BDRMS, 4 BATHS - 1ST FLR STUDIO UNIT W/ FULL KITCHEN & BATH (COMMERCIAL UNIT), 1ST FLR 4 BDRM, 1 BATH UNIT, 2ND FLR 4 BDRM, 1 BATH UNIT & 2ND FLR 2 BDRM, 1 BATH UNIT. UPDATED KITCHEN & BATHS. HARDWOOD FLOORS THROUGHOUT IN ALL UNITS BUT THE STUDIO. GAS FORCED HEAT, 400 AMP SERVICE. SEPARATE ELECTRIC PANELS, FURNACES & HOT WATER TANKS IN EACH UNIT & 4 GAS METERS. FULL BASEMENT W/ ADDITIONAL STORAGE. PROPERTY IS IN GOOD CONDITION BUT BEING SOLD IN "AS IS" CONDITION. UPDATED UNITS WILL COMMAND TOP RENTS FOR THE AREA TO SAVVY INVESTORS OR LIVE IN ONE UNIT & RENT THE OTHERS. 2ND FLR SECTION 8 TENANT. ALL APTS. HAVE BEEN SECTION 8 RENTED DURING SELLER'S OWNERSHIP.

Last Agent to Sell the Property

Rachel Frenzel

HomeSmart Realty Group License #475178663 Listed on: 11/03/2020

HomeSmart Realty Group

Co-Listed By

James Kolar

HomeSmart Realty Group License #471004472

Last Buyer's Agent

Erica Cuneen

Beyond Properties Realty Group License #471004571

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1931

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 25x125

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1931
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas,Heat

Tax Info

  • Tax Annual Amount: 2897.93
  • Tax Year: 2019
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat
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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
01/07/2021 01/07/21 Sold $295,100 +5.4% $87 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $279,900 -- $83 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,220 $31,001 $1,563 $29,438
2024 $4,220 $31,001 $1,563 $29,438
2023 $4,114 $20,000 $2,500 $17,500
2022 $4,114 $20,000 $2,500 $17,500
2021 $4,022 $20,000 $2,500 $17,500
2020 $2,795 $12,548 $2,500 $10,048
2019 $2,898 $14,424 $2,500 $11,924
2018 $2,849 $14,424 $2,500 $11,924
2017 $3,642 $16,017 $2,187 $13,830
2016 $3,880 $18,374 $2,187 $16,187
2015 $3,912 $20,206 $2,187 $18,019
2014 $2,966 $15,099 $2,031 $13,068
2013 $3,675 $19,060 $2,031 $17,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10924922

Midwest Real Estate Data (MRED)

APN: 19244250200000