NOT LISTED FOR SALE
11 Beds
10 Baths
6,145 Sq Ft
2.17 Acres

Last Sold March 14, 2024

Last sale price $1,487,000 $242 Per Sq Ft

86 Days on Market

Highlights

  • 2.17 Acre Lot
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Enclosed patio or porch
  • 6 Cooling Zones

About This Home

As of March 2024

Investors take note of this conveniently located enormous 8 unit residential rental property with access to route 44, 24, 495 and 195. Over 13k in monthly income plus coin op laundry for added revenue. Potential to build more units on an over 2 acre lot. No expense was spared in the complete restructuring and remodeling of this expansive building. Granite kitchens, remodeled bathrooms, updated heating/cooling, plumbing, wiring, flooring, windows and more. Many units boast modern open floor plans with high ceilings and exposed beams. 20+ parking spaces and a private entrance leads to lower level bonus owner's office with half bath room and tons of storage. This is a turn key investment. Make your appointment today!

Last Agent to Sell the Property

Nicholas Medis

RE/MAX Synergy Listed on: 12/15/2023

RE/MAX Synergy

Last Buyer's Agent

Ian Halpin

Lauchlin Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,570

Year Built

  • Built in 1900

Lot Details

  • 2.17

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,145 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 21 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 6 Cooling Zones
  • 9 Heating Zones
  • 200+ Amp Service

Additional Features

  • Enclosed patio or porch
  • 2.17 Acre Lot
  • Property is near public transit

Community Details

  • 8 Units
  • Shops
  • Net Operating Income $35,964

Listing and Financial Details

  • Total Actual Rent $13,040
  • Assessor Parcel Number 3291020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,570

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bathrooms: 10
  • Total Bathrooms: 9
  • Basement: Partially Finished
  • Living Area: 6145
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN3531
  • LIST PRICE PER Sq Ft: 260.37
  • PRICE PER Sq Ft: 241.99
  • MAIN SO: AC2118

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 21

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 9
  • COOLING ZONES: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3291020
  • Zoning: URBRES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 2.17
  • Lot Size Area: 2.17
  • Lot Size Sq Ft: 94525
  • Lot Size Units: Acres
  • PAGE: 81
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8570
  • Tax Book Number: 24488

Multi Family

  • Gross Income: 35964
  • Net Operating Income: 35964
  • Number Of Units Total: 8
  • Total Actual Rent: 13040
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 6
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

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 Change Sq Ft Price
03/14/2024 03/14/24 Sold $1,487,000 -7.1% $242 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,600,000 0.0% $260 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/15/2023 12/15/23 For Sale $1,600,000 +220.0% $260 / Sq Ft
06/11/2018 06/11/18 Sold $500,000 -47.4% $93 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
11/06/2017 11/06/17 Price Changed $950,000 -2.6% $176 / Sq Ft
10/18/2017 10/18/17 Price Changed $975,000 -2.0% $181 / Sq Ft
09/16/2017 09/16/17 Price Changed $995,000 +53.1% $185 / Sq Ft
08/19/2017 08/19/17 Price Changed $650,000 -13.3% $121 / Sq Ft
08/10/2017 08/10/17 For Sale $750,000 -- $139 / 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: 73187610

MLS Property Information Network (MLS PIN)