NOT LISTED FOR SALE
12 Beds
6 Baths
8,181 Sq Ft
6,450 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $350,000 $43 Per Sq Ft

119 Days on Market

About This Home

As of November 2020

PERFECT INVESTOR OPPORTUNITY!!! 6 units are rented! Each apartment features 2 huge bedrooms, 1 full bath, Eat in Kitchen with a walk-in pantry, spacious Living room with a fireplace and a formal Dining room, hardwood flooring throughout. Great size rooms in each, plenty of room for storage. Building is in excellent shape!! Well maintained fenced yard. Detached 4 car garage available for extra rental income. Boiler, Water heaters, Electric and Plumbing all new from 2014. Individual Electric & Gas Meters, Many updates in recent years. Plenty of street parking. Tenant pays electric and cooking gas. Pet free building. Close to all forms of transportation, major highways, new hospital, schools, parks, shopping, restaurants. Minutes from downtown. Don't miss this incredible opportunity for extra cash flow. Property is being sold AS-IS Make your appointment today.

Last Agent to Sell the Property

Maureen McDevitt

Baird & Warner License #475181349 Listed on: 05/06/2020

Baird & Warner

Co-Listed By

Jeremy Vitell

Better Homes & Gardens Real Estate Connections License #475164056

Last Buyer's Agent

Betty Clayton

Sincere Real Estate & Property Management License #471002845

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1917

Lot Details

  • 6,450 Sq Ft Lot
  • Lot Dimensions are 50 x 129

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,181 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Unfinished Basement
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $9,000
  • Insurance Expense $3,507
  • Manager Expense $2,160
  • Other Expense $864
  • Water Sewer Expense $6,000
  • Operating Expense $28,173
  • Gross Income $64,800
  • Net Operating Income $15,027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,493

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1917
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,List Broker Must Accompany,No Sign on Property
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Fireplaces: 6
  • Possible Use: Multi-Family
  • Basement Description: Unfinished,Exterior Access
  • Fire Protection: Fire Extinguisher/s
  • Misc Inside: Inside Corridor/s
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Tile
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Courtyard,Patio,Security Gate

Garage/Parking

  • Indoor Parking: 1-5 Spaces,Detached

Utilities

  • Cooling: None
  • Utilities: Sanitary Sewer, Water-Municipal, Water to Site
  • Heat/Ventilation: Radiators

Condo/Co-op/Association

  • Manager Expense: 2160

Fee Information

  • Water Sewer Expenses: 6000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 129
  • Lot Size Sq Ft: 6450
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 8181

Multi Family

  • Net Operating Income: 15027
  • Fuel Expense: 9000
  • Insurance Expense: 3507
  • ElectricExpense: 300
  • GrossIncome: 64800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28173
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3492.89
  • Tax Year: 2019

Range of Values:

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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 List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $350,000 -12.3% $43 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $399,000 -- $49 / Sq Ft
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: 10685688

Midwest Real Estate Data (MRED)

APN: 20163250150000