NOT LISTED FOR SALE
9 Beds
2 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $171,000

12 Days on Market

About This Home

As of April 2018

Beautiful Stone and Brick 2 flat. If you're looking for a turn key property generating a great return, this is your property! 2 large units rented to Sec. 8 tenants. 1st floor has 4/1 renting for $1231/mo , and 2nd floor is 5/1 bringing in $1667/mo. Basement could also be turned into a non conforming additional unit. It has separate plumbing, electrical (circuits), heat, and 2 sep exits. Exterior work done w/in last yr: New Roof, Tuckpointing, New rear Porch, New fence in front. Some rehabbing done interior.

Last Agent to Sell the Property

David McLennan

Pearson Realty Group License #475165323 Listed on: 03/08/2018

Pearson Realty Group

Last Buyer's Agent

Lenny Feil

Harthside Realtors, Inc. License #471005412

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,078

Year Built

  • Built in 1896 | Remodeled in 2016

Lot Details

  • 2,614

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 28 x 125

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $34,776
  • Net Operating Income $24,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,078

Year Built

Built in 1896 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1896
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Fee Information

  • Other Expenses $: 10313

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 28 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 24463
  • GrossIncome: 34776
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1077.97
  • Tax Year: 2016
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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 Prior Sale
04/30/2018 04/30/18 Sold $171,000 +6.9% --
03/20/2018 03/20/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $159,900 +539.6% --
05/20/2013 05/20/13 Sold $25,000 -13.8% -- View Prior Sale
05/02/2013 05/02/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $29,000 0.0% --
03/28/2013 03/28/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $29,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $2,329 $24,000 $5,053 $18,947
2024 $2,329 $24,000 $5,053 $18,947
2023 $2,270 $11,000 $4,095 $6,905
2022 $2,270 $11,000 $4,095 $6,905
2021 $2,219 $10,999 $4,094 $6,905
2020 $2,804 $12,546 $4,094 $8,452
2019 $2,874 $14,257 $4,094 $10,163
2018 $2,825 $14,257 $4,094 $10,163
2017 $3,679 $17,032 $3,659 $13,373
2016 $1,078 $5,382 $3,659 $1,723
2015 $3,828 $20,892 $3,659 $17,233
2014 $2,710 $14,608 $3,485 $11,123
2013 $3,192 $17,549 $3,485 $14,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09878622

Midwest Real Estate Data (MRED)