NOT LISTED FOR SALE
Studio
6 Baths
4,254 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: March 27, 2024

Last sale price $1,125,000 $264 Per Sq Ft

95 Days on Market

Highlights

  • 0.22 Acre Lot
  • High Speed Internet
  • 4-minute walk to Veterans Memorial Park
  • Hot Water Heating System
  • Level Lot

About This Home

As of March 2024

Centrally-located 6 unit building with newly ground-up rebuilt 5 stall garage including automatic openers and more. All units freshly remodeled with quartz/granite, fixtures, and glossy fresh paint. 4 units were fully gutted and rebuilt. New roof on whole building. Brick courtyard for tenant enjoyment, grand front foyer entrance, redone rear Trex decking and PT railings/balusters, and much more. Must see to believe. 7.27% cap. Renovation work done in 2022 and 2023. Bonus abutting lot available for $125,000, believed buildable after some review and concept work. Currently used for 6 off-street parking spaces, may support 4-6 units, buyer or seller may obtain approvals, subject to negotiation. Can be purchased separately or in conjunction with 513 Chestnut St, 637 Harvard St, and/or 520 Beech St. Agent interest.

Last Agent to Sell the Property

Matthew Bacon

Anagnost Realty & Development License #069431 Listed on: 10/19/2023

Last Buyer's Agent

Matthew Bacon

Anagnost Realty & Development License #069431 Listed on: 10/19/2023

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,460

Year Built

  • Built in 1912

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Leased Parking

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Location

  • City Lot

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Available
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 0016

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Gas Meters
  • Gross Income $130,620
  • Net Operating Income $96,344

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,460

Year Built

Built in 1912

Lot Details

9,583 Sq Ft Lot

Parking

5

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 264.46
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6910
  • Sq Ft - Apx Total Finished: 4254
  • Year Built: 1912
  • List Agent: 12080
  • Display On Internet: High Speed Intrnt -AtSite
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Level, Sidewalks, Street Lights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Water Heater – Off Boiler
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4254
  • Sq Ft - Apx Unfinished AG: 1148
  • Sq Ft - Apx Unfinished BG: 1508

Exterior Features

  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Shingle - Architectural
  • Construction Type: Wood Frame, Vinyl Siding

Garage/Parking

  • Garage Capacity: 5
  • Parking: Auto Open, Detached, Leased

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water
  • Total Electric Meters: 7
  • Total Gas Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Utilities: Gas - On-Site
  • Water Source: Public

Lot Info

  • Map: 0102
  • Lot: 0016
  • Lot Sq Ft: 9583
  • Lot Acres: 0.22
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 9544
  • Deed Page: 1068
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 130620
  • Net Income: 96344.1
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 9459.8
  • Tax Year: 2023

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
03/28/2024 03/28/24 Off Market $1,125,000 -- --
03/27/2024 03/27/24 Sold $1,125,000 0.0% $264 / Sq Ft
03/24/2024 03/24/24 Off Market $1,125,000 -- --
03/21/2024 03/21/24 Off Market $1,125,000 -- --
02/02/2024 02/02/24 Off Market $1,125,000 -- --
01/22/2024 01/22/24 Pending -- -- --
11/29/2023 11/29/23 Price Changed $1,172,590 -11.5% $276 / Sq Ft
10/19/2023 10/19/23 For Sale $1,325,000 -- $311 / Sq Ft
Source: PrimeMLS

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Map

Source: PrimeMLS

MLS Number: 4974727

PrimeMLS
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