NOT LISTED FOR SALE
15 Beds
8 Baths
780 Sq Ft
1928 Built

Last Sold June 04, 2021

Last sale price $825,000 $1,058 Per Sq Ft

3 Days on Market

About This Home

As of June 2021

Welcome to this great corner property on a quiet residential street. Apartments consist of six 2 bedroom/1 bath units plus an extra-large duplex with 4 bedrooms and 2 baths. Units offer central air, extra large bedrooms, plus updated kitchens with dishwashers and granite counter tops. Common areas are immaculate. Parking spaces in the rear offer additional income opportunity. Many long term loyal tenants with rent under market value. Plenty of room to raise for additional income.

Last Agent to Sell the Property

Christine DeLeon

Hideout III LLC License #471021762 Listed on: 04/19/2021

Last Buyer's Agent

Brian Wacht

Kale Realty License #475193225

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1928

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • 3-Story Property
  • Lot Dimensions are 125x25

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 7 Units

Building Details

  • Electric Expense $382
  • Insurance Expense $1,925
  • Maintenance Expense $2,000
  • Manager Expense $3,365
  • Trash Expense $2,769
  • Water Sewer Expense $3,260
  • Operating Expense $22,575
  • Gross Income $81,300
  • Net Operating Income $58,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,987

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 15
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 7
  • Refrigerators: 7
  • Ranges: 7
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 825000

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas

Condo/Co-op/Association

  • Manager Expense: 3365

Fee Information

  • Trash Expense: 2769
  • Water Sewer Expenses: 3260
  • Janitor Expense: 1500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 125X25

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 16

Multi Family

  • Net Operating Income: 58725
  • Insurance Expense: 1925
  • ElectricExpense: 382
  • GrossIncome: 81300
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 7
  • OperatingExpense: 22575
  • Expense Year: 2020
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 6987
  • Tax Year: 2019

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
06/04/2021 06/04/21 Sold $825,000 0.0% $1,058 / Sq Ft
04/23/2021 04/23/21 For Sale -- -- --
04/22/2021 04/22/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $825,000 +50.0% $1,058 / Sq Ft
05/21/2015 05/21/15 Sold $550,000 -8.3% --
04/04/2015 04/04/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $599,999 -- --
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: 11058890

Midwest Real Estate Data (MRED)