NOT LISTED FOR SALE
14 Beds
8 Baths
7,400 Sq Ft
3,920 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $500,000 $68 Per Sq Ft

502 Days on Market

Highlights

  • Property is near public transit
  • Tandem Parking
  • Heating Available
  • Wood Flooring
  • Zero Lot Line

About This Home

As of July 2016

Fantastic, renovated and updated 8 family!! All units have been totally redone with lead compliance letter! Total rental from units is $6450 per month. Two studio apartments on basement levels and six 2 bedroom units on floors 1, 2 and 3. The sale is for 5 and 7 Ashland Street. Updated gas heating system and electric hot water heaters. 2-3 tandem parking spaces next to building. Coin Op laundry in basement level. All the work has been done...new carpets, tile floors, refinished hardwoods, carpeting and paint. New kitchens and bathrooms. Nothing to do but collect rents. Public transportation stop is across the street. Don't miss this great investment opportunity.

Last Listed By

Christina Riberdy

Daisy Hill Real Estate and Rentals Listed on: 12/27/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 3,920 Sq Ft Lot
  • Zero Lot Line

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 7,400 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • 220 Volts
  • 200+ Amp Service
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $6,450
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks)), unit 4(water other (see remarks))
  • Legal Lot and Block 00018 / 029

Community Details

Overview

  • 8 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,428

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood,Tile,Carpet,Varies Per Unit, Unit 1(undefined), Unit 2(Wall to Wall Carpet,Stone/Ceramic Tile Floor), Unit 3(Wall to Wall Carpet,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available,Bathroom With Tub & Shower), Unit 3(Lead Certification Available,Bathroom With Tub & Shower), Unit 4(Lead Certification Available,Studio), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 14
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Total Bathrooms: 8
  • Laundry Features: Washer Hookup
  • Basement: Full, Finished
  • Living Area: 7400
  • Stories Total: 7
  • MAIN LO: K01026
  • LIST PRICE PER Sq Ft: 74.31
  • PRICE PER Sq Ft: 67.57
  • MAIN SO: K01026

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem, Driveway, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas), Unit 4(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: 220 Volts, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, House of Worship, Private School, Public School, University, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks)), Unit 4(Water,Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Zoning: 1110
  • Farm Land Area Units: Square Feet
  • Lot Features: Zero Lot Line
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 4129
  • PAGE: 25

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7428
  • Tax Block: 029
  • Tax Book Number: 49047
  • Tax Lot: 00018
  • Tax Map Number: 03

Multi Family

  • Gross Income: 40200
  • Net Operating Income: 40200
  • Number Of Units Total: 8
  • Total Actual Rent: 6450
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Range of Values:

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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
07/15/2016 07/15/16 Sold $500,000 -9.1% $68 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $549,900 -15.4% $74 / Sq Ft
03/26/2016 03/26/16 For Sale $650,000 0.0% $88 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
12/27/2014 12/27/14 For Sale $650,000 -- $88 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71778952

MLS Property Information Network (MLS PIN)

APN: WORC M:03 B:029 L:00017