NOT LISTED FOR SALE
11 Beds
6 Baths
-- Sq Ft
1962 Built

Last Sold July 19, 2024

Last sale price $949,000

1 Day on Market

Highlights

  • Secured Garage or Parking
  • Baseboard Heating
  • Heating System Uses Steam

About This Home

As of July 2024

4 UNIT: ALL 2BR 1BTH UNITS ALL THE SAME FLOOR PLAN, 1,004 SQFT EACH, 4016 ABOVE GRADE. ENGLISH GARDEN WITH STORAGE, LAUNDRY AND MECHANICAL AND THERE ARE INGRESS AND EGRESS ON BOTH THE NORTH AND THE THE SOUTH SIDE OF THE LOWER LEVEL. ABOUT 2000+ SQFT BELOW GRADE. THERE IS A NICE LIGHT WELL EXTENDING FROM ENGLISH GARDEN ALL THE WAY UP. TWO PARKING SPACES CURRENTLY POTENTIAL TO ADD A 3RD OR 4TH. EPICENTER OF BOWMANVILLE ON THE EAST, ARCADIA TERRACE ON THE NORTH, BUDLONG WOODS ON THE WEST & LINCOLN SQUARE ON THE SOUTH. QUIET ONE WAY TREE LINED STREET, REAL NICE. ALL LONG TERM TENANTS, COUPLE TENANTS ARE 20 YR+. WELL MAINTAINED BUILDING. ALL UNITS HAVE SPACIOUS LIVING SPACE WITH GREAT INTERIOR FINISH. SOME KITCHENS AND BATHS HAVE BEEN REPLACED OR UPGRADED. ALL COPPER PLUMBING THROUGHOUT. EXTRA STORAGE SPACE DOWNSTAIRS. FURNACE, ROOF AND WATER HEATER ALL WELL MAINTAINED. ROOF NEW IN 2016 AND NEW SILVER COATING ADDED TWICE SINCE TO MAINTAIN. THE VHT PHOTOS HAVE THE 4 KITCHENS AND LR AND DR ALONG WITH A COUPLE OF THE PRIMARY BR'S AND ONE SECOND BR AND A COUPLE BATHS. Total Monthly income $8,400 ($8,200/mt from rent plus $200 mt from laundry) Total annual expense: $14,321 {comed-$903, p gas-$3,630,water-sewer-garbage-$5,587, Insurance $4,200} Taxes 2022-$16,800. 2 parking spots which go with units 1N and 1S. Tenants pay electric and cooking gas. Owner pays for water and scavenger and heat, tax and insurance. Above grade 4,016 sqft. Below grade 2,008 sqft. Total sqft 6,000+. Lot 40x93 3,720 Lot. Hdwd floors in all units. Carpet covers the hdwd in a few. Thermostats in each unit, controlled radiant heat supplied by building. Window units for ac. 4 gas and 4 electric meters for each unit and one electric and one gas for common area. Owner is a GC he added some kitchen and bath upgrades in some but not all units. All tenants are on a month to month and all want to stay. Showing 1S (2br 1bth),2S (2br 1bth) and common area on first showing.

Last Agent to Sell the Property

Bryan Eugenio

@properties Christie's International Real Estate License #475146298 Listed on: 06/04/2024

@properties Christie's International Real Estate

Last Buyer's Agent

Brian Reid

BF Realty, Inc License #471016268

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,800

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 40x93

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 6 Bathrooms

Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • Secured Garage or Parking
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Jamieson Elementary School
  • Mather High School

Utilities

  • Baseboard Heating
  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $903
  • Fuel Expense $3,630
  • Trash Expense $1,000
  • Water Sewer Expense $1,587
  • Gross Income $100,800
  • Net Operating Income $90,679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,800

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, English
  • Total Bathrooms: 6
  • Total Bedrooms: 11
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 6
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • Room: 5

Exterior Features

  • List Price: 949000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Secured
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Baseboard
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 1000
  • Water Sewer Expenses: 1587
  • Trash Expense Year: 1000

Schools

  • Elementary School: Jamieson Elementary School
  • High School: Mather High School
  • Middle/Junior School: Jamieson Elementary School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 40X93
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric

Multi Family

  • Net Operating Income: 90679
  • Fuel Expense: 3630
  • ElectricExpense: 903
  • GrossIncome: 100800
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 16800
  • Tax Year: 2022

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 List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $949,000 0.0% --
06/06/2024 06/06/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $949,000 +79.1% --
10/21/2015 10/21/15 Sold $530,000 -8.5% -- View Prior Sale
09/10/2015 09/10/15 Pending -- -- --
09/03/2015 09/03/15 Price Changed $579,000 -3.3% --
08/03/2015 08/03/15 Price Changed $599,000 -7.7% --
05/07/2015 05/07/15 For Sale $649,000 -- --
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: 12074356

Midwest Real Estate Data (MRED)