$443,000
SOLD JUL 15, 2021
12 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft Lot

Recently Sold

6% Above List Price

2 Days on Market

Highlights

  • Gated Community
  • Secured Garage or Parking
  • 3-minute walk to Sunken Gardens
  • Lower Floor Utility Room
  • Paved or Partially Paved Lot

About This Home

As of July 2024

IF YOU ARE LOOKING FOR QUALITY, THIS IS IT! LARGEST BUILDING IN AREA, LONG TIME OWNER PUT IN LOTS OF LOVE! SOLID BRICK ALL AROUND, NO SIDING HERE! NO KNOWN REPAIRS NEEDED, NO WATER IN BASEMENT EVER! GORGEOUS VINTAGE FEATURES AS MARBLE WALLS & MOSAIC TILE IN ENTRY, SOLID WOOD BEAMS AND TRIMS, ETC.. PRICED TO SELL, RARE HUGE ALL 3 BED UNITS COMPLETELY GUT REHABBED FROM ROOF TO BASEMENT! LARGEST SQUARE FEET YOU WILL FIND! NOT A TUNNEL FLOOR PLAN, BUILDING BUMPS OUT ON BOTH SIDES FOR EXCEPTIONAL SQUARE FOOTAGE. GREAT MONTHLY INCOME WITH ROOM TO GROW! EXCELLENT LONG TERM RENTAL OR UPGRADE COSMETICS AND FLIP! BUILDING COMPLETELY RUNS ITSELF - TENANTS TAKE CARE OF ALL CLEANING, LANDSCAPING, GARBAGE, SNOW REMOVAL & MINOR REPAIRS! FEATURES: TALL WOOD BEAM CEILINGS, DECORATIVE FIREPLACES WITH BUILT-IN SHELVING! NEW MECHANICALS- PLUMBING, ELECTRICAL, DRYWALL, BOILER, ENERGY EFFICIENT FURNACE, WINDOWS, KITCHENS & BATHS, ETC.. LAUNDRY IN BASEMENT, GATED PARKING, NEWER PORCH, SOLD AS-IS, SUPER HOT AREA!! 4 NEW CONSTRUCTION HOMES ON THIS BLOCK ALONE! TRAIN AND HWY 2 BLOCKS AWAY. DOWNTOWN ONLY MINUTES DRIVE AWAY! MANAGING BROKER OWNED AND SUCCESSFULLY LEASED FOR LAST 14 YEARS! KEEPING LEASES MONTH/ MONTH TO ALLOW FLEXIBILITY TO NEW OWNER. NO VIOLATIONS. ALL LONG TERM TENANTS TAKE GOOD CARE OF BUILDING & PAY RENT ON TIME, NONE ARE BEHIND. BUILDING ORIGINALLY BUILD WITH 4 PHYSICAL UNITS ON PROPERTY BUT ZONING CERT IS FOR A 3 UNIT. GARDEN UNIT MAY BE POTENTIALLY USED AS IN-LAW/OWNER UNIT, DUPLEX WITH FIRST FLOOR OR CONVERTED TO LEGAL CITY ADDITIONAL DWELLING UNIT, CHECK ELIGIBILITY. OWNER DOES NOT GUARANTEE LEGALITY OF GARDEN UNIT. DON'T MISS THIS OPPORTUNITY IN THIS BOOMING AREA!!

Last Agent to Sell the Property

Snezana Markovic

Metropolitan Realty & Development Corp License #471015880 Listed on: 06/03/2021

Last Buyer's Agent

Jeanne Keating

Compass License #475133441

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,242

Year Built

  • Built in 1915 | Remodeled in 2015

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 25x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Secured Garage or Parking
  • Uncovered Parking
  • Off Alley Parking
  • Parking Included in Price

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

Building Details

  • Electric Expense $1,034
  • Fuel Expense $4,442
  • Insurance Expense $2,638
  • Water Sewer Expense $3,860

Additional Features

  • 4 Units
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,242

Year Built

Built in 1915 | Remodeled in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2015

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 12
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Range Hood
  • Room: 5

Exterior Features

  • List Price: 419000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley, Secured
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Radiator(s)
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Gated, Sidewalks, Street Lights, Street Paved, Other

Fee Information

  • Water Sewer Expenses: 3860
  • Other Expenses $: 0
  • Trash Expense Year: 2020

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes
  • TenantPays: None

Multi Family

  • Fuel Expense: 4442
  • Insurance Expense: 2638
  • ElectricExpense: 1034
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 4241.67
  • Tax Year: 2019
  • Tax Exemptions: None

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 List to Sale Price per Sq Ft Prior Sale
07/16/2024 07/16/24 Sold $540,000 -1.8% -- View Prior Sale
05/09/2024 05/09/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $550,000 0.0% --
03/18/2024 03/18/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $550,000 0.0% --
02/14/2024 02/14/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $550,000 0.0% --
11/27/2023 11/27/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $550,000 -8.2% --
09/27/2023 09/27/23 For Sale $599,000 +35.2% --
07/15/2021 07/15/21 Sold $443,000 +5.7% --
06/06/2021 06/06/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $419,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11110333

Midwest Real Estate Data (MRED)