$695,000
SOLD MAR 20, 2025
12 Beds
12 Baths
5,888 Sq Ft
0.27 Acres

Recently Sold

$118 Per Sq Ft

18% Below List Price

40 Days on Market

About This Home

As of March 2025

All units have the same layout consisting of two bedrooms, one and a half bathrooms, and a porch. Despite the attractive unit mixes, they are rented for only 50 percent of the current market value. Half of the units have semi-finished basements in place of an attached garage, but all units have laundry hookups on that bottom most level. The proforma rents in place will yield over a 15 percent return on investment assuming an $850,000 purchase price, 75 percent loan-to-value, 25 year amortization, and 6.5 percent interest.

Last Agent to Sell the Property

Connor Wenchell

VC Property Group, LLC License #RES.0818692 Listed on: 01/15/2025

Co-Listed By

Anthony Velez

VC Property Group, LLC License #REB.0795536

Last Buyer's Agent

Omar Ruizesparza

eRealty Advisors, Inc. License #RES.0817487

eRealty Advisors, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,664

Year Built

  • Built in 1989

Lot Details

  • 0.27 Acre Lot

Parking

  • 3 Car Garage

Home Design

  • 5,888 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 12 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 1383344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,664

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Neighborhood: East End
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 5888
  • Total Sq Ft: 5888
  • Year Built: 1989
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Off of Wolcott Street, up Howard Street, on the right.
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 5888
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 12
  • Full Bathrooms: 6
  • Half Bathrooms: 6
  • Basement Description: Full, Garage Access, Partially Finished
  • Laundry Room Location: Basement of each unit.
  • Attic: No
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 30
  • Other SqFt Description: Livable square feet.

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 3
  • Total Parking Spaces: 13
  • Garage And Parking: Under House Garage, Paved, Parking Lot, Assigned Parking

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.27
  • Lot Description: City Views Sloping Lot
  • Zoning: RM
  • Parcel #: 1383344

Multi Family

  • Total Number Of Units: 6

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 15664
  • Total Assessed Value: 316820
  • Mil Rate Total: 49.44

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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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 Change Sq Ft Price
03/20/2025 03/20/25 Sold $695,000 -18.1% $118 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $849,000 -- $144 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24069431

SmartMLS