$420,000
SOLD JAN 24, 2025
8 Beds
3 Baths
-- Sq Ft
1910 Built

Recently Sold

5% Below List Price

23 Days on Market

Highlights

  • Lower Floor Utility Room
  • Balcony
  • Ceiling Fan
  • Fenced Yard
  • Patio
  • 3-minute walk to Park No. 534

About This Home

As of January 2025

Great Investment Opportunity. All Brick recently rehabbed three-unit building. The first unit includes two bedrooms and one bathroom, and the second and third units include three bedrooms and a bathroom. HVAC plumbing, electric, gas, and water services all have been updated when rehabbed. Washer and dryer hook up in each unit. Separate furnace, water heater, and air conditioning per unit. Metal exterior staircase, enclosed and private backyard with a three-car parking pad. Recently tuck pointed. Convenient location - minutes from shopping, dining, entertaining, playground/parks, public transportation, and interstate access. Show with confidence.

Last Agent to Sell the Property

Evana Dong

Charles Rutenberg Realty Listed on: 11/18/2024

Charles Rutenberg Realty

Last Buyer's Agent

Judi Rentas

Need-A-Home Real Estate LLC License #471022217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 1910 | Remodeled in 2022

Lot Details

  • Lot Dimensions are 25x135
  • Fenced Yard
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Tar and Gravel Roof

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 3 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Multiple Water Heaters

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $480
  • Insurance Expense $2,054
  • Water Sewer Expense $4,800
  • Gross Income $51,000
  • Net Operating Income $40,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,482

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • ExteriorFeatures: Balcony, Patio
  • Foundation Details: Block
  • List Price: 440000
  • Lot Features: Fenced Yard
  • Roof: Tar and Gravel
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Driveway
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Conversion YN: Y

Fee Information

  • Water Sewer Expenses: 4800

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X135
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 40184
  • Insurance Expense: 2054
  • ElectricExpense: 480
  • GrossIncome: 51000
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3482
  • Tax Year: 2023
  • Tax Exemptions: None

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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
01/24/2025 01/24/25 Sold $420,000 -4.5% --
12/11/2024 12/11/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $440,000 0.0% --
11/25/2024 11/25/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $440,000 +1560.4% --
04/05/2013 04/05/13 Sold $26,500 -11.4% --
02/20/2013 02/20/13 Pending -- -- --
02/13/2013 02/13/13 For Sale $29,900 -- --
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: 12211105

Midwest Real Estate Data (MRED)