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

Last Sold May 12, 2015

Last sale price $55,000

17 Days on Market

Highlights

  • Screened Porch
  • Fenced Yard
  • Satellite Dish
  • First Floor Utility Room

About This Home

As of May 2015

Great investment opportunity! Purchased as a "shell" in 2012, now has been renovated to provide 2 rental apartments plus a new unit in basement; legal apartment with two doors. Windows and mechanicals installed by owner; room for laundry machines in basement; some cosmetic work and landscaping needed. Pictures are from first floor unit. SOLD "AS IS" - CASH OR CONVENTIONAL FINANCING ONLY.

Last Agent to Sell the Property

Nina Gaspich

Century 21 Universal Listed on: 03/02/2015

Century 21 Universal

Last Buyer's Agent

Rosalyn Blaylock

Exit Strategy Realty / EMA Management License #475148953

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 25 x 125
  • Fenced Yard

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Screened Porch
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Off Alley Parking
  • Parking Space is Owned
  • Unassigned Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

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
  • Rehab (Y/N): Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 8
  • Other Equipment: TV-Cable, TV-Dish, CO Detectors
  • Room Type: Enclosed Porch, Utility Room-1st Floor, Utility Room-2nd Floor, Utility Room-Lower Level
  • Basement Description: Partially Finished,Exterior Access,Bathroom Rough-In
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch Screened, Storms/Screens, Cable Access
  • Foundation Details: Concrete Perimeter
  • List Price: 59900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Off Alley
  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Fee Information

  • Other Expenses $: 5400

Schools

  • Middle/Junior School District: 299

Lot Info

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

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 15000
  • GrossIncome: 20400
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 3055.43
  • Tax Year: 2013
  • Tax Exemptions: None

Range of Values:

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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
05/12/2015 05/12/15 Sold $55,000 -8.2% --
03/19/2015 03/19/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $59,900 +420.9% --
07/10/2012 07/10/12 Sold $11,500 -23.3% --
06/15/2012 06/15/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $15,000 +30.4% --
06/07/2012 06/07/12 Off Market $11,500 -- --
05/24/2012 05/24/12 Pending -- -- --
05/17/2012 05/17/12 Price Changed $15,000 -23.1% --
04/20/2012 04/20/12 For Sale $19,500 -- --
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: 08850236

Midwest Real Estate Data (MRED)