NOT LISTED FOR SALE
9 Beds
4 Baths
4,272 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: December 14, 2022

Last sale price $261,000 $61 Per Sq Ft

72 Days on Market

Highlights

  • Great Room
  • Building Terrace
  • Laundry Facilities
  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

"Amazing Income Potential Can Be Found Here!" You've waited for an income producing opportunity like this and now is the time to act. This full brick exterior 5 unit complex features 4-two bedroom units and 1 single bedroom unit. All units feature either a balcony or covered patio. All units have forced air heat (mostly gas, but one unit is electric). All units come complete with appliances (refrigerator and stove). Newer furnace in Unit A (2021). Plenty of storage for each tenant in the basement with partitioned sections for easy access. While this property is in need of TLC, you'll agree the possibilities are endless! This property is being sold as-is and seller will do no repairs. Buyer is responsible for municipal occupancy compliance after closing. If your are looking for an excellent investment, you found it....but the window of opportunity is closing so you must act now! Cash or conventional financing only.

Last Agent to Sell the Property

Roger Roddy

RE/MAX Alliance License #471002486 Listed on: 10/02/2022

RE/MAX Alliance

Last Buyer's Agent

Hallie Drew

RE/MAX Results Realty License #475202875

RE/MAX Results Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1968

Lot Details

  • 11,326 Sq Ft Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,272 Sq Ft Home
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-West

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 08-08.0-403-025

Community Details

Overview

  • 5 Units
  • Low-Rise Community

Amenities

  • Building Terrace
  • Laundry Facilities

Property Details

Home Type

Apartment

Year Built

Built in 1968

Lot Details

0.26 Acres

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apartment Complex
  • Cross Street: Mariknoll
  • Municipality Township: Belleville
  • Special Description: No Exemptions
  • Age: 54
  • Ownership: Private
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Laundry: Common Laundry
  • Square Footage: 4272

Exterior Features

  • Construction: Brick Veneer Predom

Garage/Parking

  • Parking: On Street Parking, Unassigned

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High School: BELLEVILLE DIST 118
  • School District: Belleville DIST 118
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Dimensions: 52.37 x 149.6 x 82.88 x 76.63 Irreg
  • Lot Number: 283
  • Lot Sq Ft: 11326
  • Location: City
  • Acres: 0.2600

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: All Utilities

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector
  • Building Number: 1
  • Bulding Exterior: Some Balc/Some Terrc
  • Gross Operating Income: 5400.00
  • Total Units: 5
  • Units: 2

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 5032
  • Assessor Parcel Number: 08-08.0-403-025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Dec 14, 2022
Sold by
Bought by
Seller's Agent
Roger Roddy
RE/MAX Alliance
Buyer's Agent
Hallie Drew
RE/MAX Results Realty
List Price
$250,000
Sold Price
$261,000
Premium/Discount to List
$11,000
4.4%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,022
Interest Rate
0.0695%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$261,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $292,022
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2022 12/14/22 Sold $261,000 +4.4% $61 / Sq Ft
10/02/2022 10/02/22 For Sale $250,000 -- $59 / Sq Ft
Source: MARIS MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2024 $7,207 $81,952 $7,311 $74,641
2023 $5,857 $62,392 $7,166 $55,226
2022 $5,376 $56,168 $6,451 $49,717
2021 $5,177 $51,926 $5,964 $45,962
2020 $5,032 $49,104 $5,640 $43,464
2019 $4,889 $47,189 $5,931 $41,258
2018 $4,780 $46,169 $5,803 $40,366
2017 $4,743 $45,844 $5,762 $40,082
2016 $4,683 $44,871 $5,640 $39,231
2014 $3,985 $43,092 $9,345 $33,747
2013 $3,943 $43,709 $9,479 $34,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22064017

MARIS MLS
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