NOT LISTED FOR SALE
16 Beds
6 Baths
7,635 Sq Ft
0.25 Acres

Last Sold January 27, 2023

Last sale price $328,500 $43 Per Sq Ft

140 Days on Market

Highlights

  • 0.25 Acre Lot
  • No HOA
  • 1 Car Garage
  • Traditional Architecture
  • Electric Baseboard Heater
  • Level Lot

About This Home

As of January 2023

Fantastic Investment! Vintage 1890's fully occupied brick 6 unit with 9% cap rate. Large eat-in kitchens and living rooms, washer and dryer hookups in each unit, and separate utilities. Four 3 bedroom apartments and two 2 bedrooms. Garage and two off street parking spaces. Potential future building lot. Shared side and back yard. Opportunity awaits! Proforma available upon request.

Last Agent to Sell the Property

Marion Desantis

KW Platform License #30DE1068415 Listed on: 06/30/2022

KW Platform

Last Buyer's Agent

Jesse Tranvaag

Berkshire Hathaway Home Services Blake License #10401336671

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,159

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 7,635 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 6 Full Bathrooms
  • Ceramic Tile in Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Electric Baseboard Heater

Listing and Financial Details

  • Tenant pays for heat, water, electricity, gas
  • Legal Lot and Block 14.000 / 5
  • Assessor Parcel Number 381700 90.63-5-14

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $5,114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,159

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1940
  • Directions: River Street to Douw St to 6th Ave
  • Above Grade Finished Sq Ft: 7635.0
  • Architectural Style: Traditional
  • Financial Details General Taxes: 4059.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4100.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.25
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number of Separate Water Meters: 6
  • Insurance Expense Description: Estimated
  • Water Sewer Expense Description: Estimated
  • Income And Expenses Heat Expense Est: 2764.0
  • Rental Income: 67500.0
  • Rental Income Description: Yearly
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Architectural Style:Traditional: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Ceramic Tile Bath
  • Full Bathrooms: 6
  • Total Bedrooms: 16
  • Living Area: 7635.0
  • Full Basement: Yes
  • Interior Features:Ceramic Tile Bath: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Asphalt
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Garage(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Open Parking: No
  • Property Detail:Garage Spaces: 1.0
  • Property Detail:Parking YN: No
  • Other Structures:Garage(s): Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 2408.0

Schools

  • Junior High Dist: Troy

Lot Info

  • Lot Features: Level
  • Parcel #: 381700 90.63-5-14
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Water, Electricity, Gas

Multi Family

  • Insurance Expense: 5114.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 8159.0
  • Tax Block: 5
  • Tax Lot: 14.000

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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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
01/27/2023 01/27/23 Sold $328,500 -6.1% $43 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $350,000 -11.4% $46 / Sq Ft
09/23/2022 09/23/22 Price Changed $395,000 -9.2% $52 / Sq Ft
06/30/2022 06/30/22 For Sale $435,000 -- $57 / Sq Ft
Source: Global MLS

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
2024 $8,408 $180,000 $13,000 $167,000
2023 $8,312 $180,000 $13,000 $167,000
2022 $8,155 $180,000 $13,000 $167,000
2021 $2,050 $180,000 $13,000 $167,000
2020 $4,145 $180,000 $13,000 $167,000
2019 $5,887 $180,000 $13,000 $167,000
2018 $5,887 $180,000 $13,000 $167,000
2017 $5,861 $180,000 $13,000 $167,000
2016 $7,747 $180,000 $13,000 $167,000
2015 -- $180,000 $13,000 $167,000
2014 -- $180,000 $13,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202221520

Global MLS