NOT LISTED FOR SALE
12 Beds
6 Baths
6,610 Sq Ft
5,663 Sq Ft Lot

Last Sold October 27, 2020

Last sale price $425,000 $64 Per Sq Ft

1 Day on Market

Highlights

  • Beach Access
  • Property is near public transit
  • Enclosed Patio or Porch
  • City View
  • No HOA
  • 3-minute walk to B.J Brown Park 2006

About This Home

As of October 2020

Building is conveniently located close to Madison Avenue, North Ave and Main St. In easy reach of transport, shopping and great local restaurants. Six units total, two on each floor. Has always been easy to rent out - phone rings off the hook - due to location, units are large and well-presented. Keeping building fully occupied is a certainty. Few owner expenses, all have been optimized over time. Upper four units have electric heat, no annual service expense for boiler/furnace. Lower two have boilers in basement. Larger expenses (electric, gas, oil) are metered and paid by tenants directly. Trash pick up is municipal at no cost. No grass to mow. Owner pays water/sewer, common area electric (about six bulbs), snow removal. Improvements made under current owner include brand new driveway, new windows, new electrical service, full exterior repaint. No pending maintenance. Most apartments have been repainted and updated as needed. Range in rents due to duration of tenant, market correct rent would be $1100 - $1200 per unit. Will be handed over fully occupied and with maintenance support (if desired). Enclosed back porches off rear parking lot. Huge kitchen with fridges, range, plus a walk-in pantry with lots of shelving.

Last Agent to Sell the Property

Ben Sinnott

Higgins Group Real Estate License #RES.0798370 Listed on: 08/24/2020

Last Buyer's Agent

Anthony Marriott

Weichert Realtors MRG License #REB.0792674

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,185

Year Built

  • Built in 1912

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Frame Construction
  • Flat Tile Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 6,610 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 3 Car Garage
  • Attached Carport
  • Private Driveway

Outdoor Features

  • Beach Access
  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near shops

Schools

  • Columbus Elementary School
  • Bassick High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Public Transportation
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,185

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 6610
  • Public Record Living Room Sq Ft: 6610
  • Total Sq Ft: 6610
  • Year Built: 1912
  • Nearby Amenities: Basketball Court, Library, Medical Facilities, Public Rec Facilities, Public Transportation, Shopping/Mall
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 9380
  • Tax Year Updated Dt: 07/28/2020
  • Directions: Grand and Madison
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished, Storage
  • Laundry Room Location: Machines in units
  • Laundry Room Info: All Units Have Hook-Ups, Washer/Dryer Some Units
  • Attic: No
  • Street Number Modifier: 497

Exterior Features

  • Exterior Features: Porch-Enclosed
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • Roof Information: Flat
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Carport
  • Garages Number: 3
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: Owner

Condo/Co-op/Association

  • HOA: No
  • Property Management Type: Professional-Off Site
  • Property Manager Email: ben@camelotdevelopment.com
  • Property Manager Name: CPR
  • Property Manager Phone: (203) 2436477

Schools

  • Elementary School: Columbus
  • High School: Bassick

Lot Info

  • Acres: 0.1300
  • Lot Description: City Views, Level Lot
  • Zoning: Res

Multi Family

  • Gross Annual Income: 72000
  • Net Operating Income: 50000
  • Unit Count: 6
  • Total Multi Family: 30
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 10185
  • Total Assessed Value: 188650
  • Mil Rate Base: 53.990
  • Mil Rate Total: 53.990
  • Assessor Parcel Number: 16610

MLS Schools

  • Elementary School: Columbus
  • High School: Bassick

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/27/2020 10/27/20 Sold $425,000 -1.1% $64 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $429,900 -- $65 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170320562

SmartMLS