NOT LISTED FOR SALE
11 Beds
3.5 Baths
5,229 Sq Ft
4,000 Sq Ft Lot

Last Sold July 31, 2023

Last sale price $910,000 $174 Per Sq Ft

8 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Corner Lot

About This Home

As of July 2023

*AMAZING OPPORTUNITY* to Own this True Turn Key 4-Unit Building on Hamilton Street w/ New Gas Heating Systems, 4 Car Garage, 3 Large Residential Apartments & A Beautiful, Commercial Space that is Vacant w/ an Open Layout, Just Renovated Including High Ceilings, Recess Lighting, New Flooring, New Gas Heating System, Bathroom & Central AC! The 4 Bedroom Apartments have been fully Renovated w/ Luxury Eat-in Kitchens that have Stainless Steel Appliances, Granite Counter-tops, New Cabinets, Dishwashers, New Light Fixtures & Laundry Hookups in Unit! The Exterior has Replacement Windows, Vinyl Siding, Large Fenced in Yard, 4 Car Garage with Wall Dividers Separating each one & Additional Driveway Parking! This is a RARE Property that Generates A lot of Income with over a 10% Cap Rate & Will Not Last! Showings begin at the Open House this Saturday June 17th from 12-1:30pm!

Last Agent to Sell the Property

Dan DiRoberto

The DiRoberto Group Inc. Listed on: 06/14/2023

Last Buyer's Agent

George Bahnan

Bahnan Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,668

Year Built

  • Built in 1921

Lot Details

  • 4,000 Sq Ft Lot
  • Corner Lot

Parking

  • 4 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,229 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $8,700
  • Assessor Parcel Number M:18 B:042 L:00027,1781252

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $1,440
  • Insurance Expense $1,642
  • Water Sewer Expense $645
  • Operating Expense $10,395
  • Net Operating Income $100,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,668

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1921
  • Dual Variable: Yes
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Tile,Vinyl,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Partial
  • Living Area: 5229
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN8053
  • MAIN SO: AN3875

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Asphalt/Composition Shingles
  • Waterfront Features: Beach Front, Lake/Pond
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved, Other
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public
  • HEAT UNITS: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 645

Lot Info

  • Parcel Number: M:18 B:042 L:00027,1781252
  • Zoning: BL-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6668.1

Multi Family

  • Electric Expense: 1440
  • Insurance Expense: 1642
  • Net Operating Income: 100673
  • Number Of Units Total: 4
  • Operating Expense: 10395
  • Total Actual Rent: 8700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

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
07/31/2023 07/31/23 Sold $910,000 +1.1% $174 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $899,900 -- $172 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 -- $479,600 $129,100 $350,500
2024 -- $415,100 $129,100 $286,000
2023 $0 $465,000 $112,200 $352,800
2022 $0 $371,000 $89,800 $281,200
2021 $0 $275,600 $71,800 $203,800
2020 $4,865 $259,200 $66,500 $192,700
2019 $5,041 $249,500 $63,000 $186,500
2018 $0 $245,200 $63,000 $182,200
2017 $0 $245,200 $63,000 $182,200
2016 -- $233,100 $53,000 $180,100
2015 -- $233,100 $53,000 $180,100
2014 $4,127 $233,100 $53,000 $180,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73125048

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000042-000027