NOT LISTED FOR SALE
7 Beds
3 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $815,000

44 Days on Market

Highlights

  • Detached Garage
  • Property is near a bus stop
  • 3-minute walk to Gallagher Way
  • Blaine Elementary School Rated A-

About This Home

As of August 2020

MOTIVATED SELLER! MOTIVATED SELLER! Great opportunity to live in one unit and rent out the other! Both units have been recently Updated. Total of 7 bedrooms and 3 bathrooms. Unit 1 is a split level unit. 2 bed,1 bath on main and 2 bed,1 bath in fully finished basement. Basement was finished by seller. (3 years old) Unit 2 is 3 bed,1 bath.Upstairs unit. 2 car garage. Each unit has its own washer and dryer. Stainless steel appliances. Separately metered. Currently generates $5,900 a month from both units. Cap rate 5.5%

Last Agent to Sell the Property

Dustin Pittman

PRS Realty LLC License #475185446 Listed on: 05/11/2020

Last Buyer's Agent

Stephanie Englund Siegel

Compass License #475129021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1896

Lot Details

  • 3,049

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Stone Siding

Utilities

  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near a bus stop

Community Details

  • Net Operating Income $48,021

Property Details

Home Type

Multi-Family

Year Built

1896

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train
  • Age: 100+ Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Estimated Year Built: 1896
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1896

Interior Features

  • Number Of Rooms: 15
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 7
  • Above Grade Bedrooms: 7

Exterior Features

  • Lot Size: .50-.99 Acre
  • Exterior Building Type: Stone
  • Acreage: 0.07

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 299
  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 25X123
  • Parcel Identification Number: 14201180420000

Rental Info

  • Total Rental Income: 5900

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 3
  • Net Operating Income: 48021

Tax Info

  • Taxes: 14555.22

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/11/2020 08/11/20 Sold $815,000 -1.2% --
06/24/2020 06/24/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $825,000 -2.9% --
05/11/2020 05/11/20 For Sale $850,000 +10.2% --
07/25/2016 07/25/16 Sold $771,200 -3.5% --
05/27/2016 05/27/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $799,000 -- --
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: MRD10700548

Midwest Real Estate Data (MRED)