NOT LISTED FOR SALE
14 Beds
8 Baths
-- Sq Ft
1962 Built

Last Sold February 10, 2019

Last sale price $310,000

22 Days on Market

About This Home

As of February 2019

TURN-KEY 8-FLAT BUILDING. GREAT INVESTMENT OPPORTUNITY! 100% OCCUPIED, GOOD CASH FLOW, 14% CAP RATIO. WALKING DISTANCE TO SHOPPING AND DINNING PLACE AND FEW BLOCKS FROM HIGHWAY. . 2-STORY BUILDING FEATURES SIX, 2 BEDROOM, 1 FULL BATH UNITS AND TWO (UNIT 1N AND 2N) 1 BEDROOM AND A BATH. DONT MISS OUT!

Last Agent to Sell the Property

Moin Haque

Coldwell Banker Realty License #471011151 Listed on: 10/04/2018

Coldwell Banker Realty

Co-Listed By

Elizabeth Baker

Coldwell Banker Realty

Last Buyer's Agent

Moin Haque

Coldwell Banker Realty License #471011151 Listed on: 10/04/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $5,760
  • Insurance Expense $3,500

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual, Sole Proprietor
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2017
  • Net Oper Income: 44659
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 5997
  • Total Annual Exp: 29740
  • Total Annual Income: 74400
  • Total Monthly Income: 6200
  • Number of Ranges: 8
  • Number Of Refrigs: 7
  • Number Of Stories: 2
  • Estimated Year Built: 1962
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1962

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Frontage Access: City Street

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 6057

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Janitor Expense: 1440

Lot Info

  • Lot Dimensions: 50 X 125
  • Parcel Identification Number: 20342250260000

Rental Info

  • Gross Rental Income: 74400
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2017
  • Fuel Expense: 5760
  • Insurance Expense: 3500
  • Other Expenses: 1137
  • Number Of Dishwashers: 7

Tax Info

  • Taxes: 5599
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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
02/10/2019 02/10/19 Sold $310,000 -3.1% --
10/26/2018 10/26/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $320,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10103028

Midwest Real Estate Data (MRED)