NOT LISTED FOR SALE
15 Beds
5 Baths
6,909 Sq Ft
6,509 Sq Ft Lot

Sale Details

Date Sold: May 23, 2024

Last sale price $1,300,000 $188 Per Sq Ft

11 Days on Market

Highlights

  • Property is near public transit and schools
  • Bathtub with Shower
  • Shops
  • Balcony
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

UNIQUE PACKAGE DEAL: Unique investment opportunity to purchase adjacent, multiple properties AND a 10 car paved, parking lot. This property has been owned by the same family for the past 50 years. There is a 3 family and a 2 family for a total of 5 apartments with 15-20 bedrooms. There is parking for 10 vehicles plus a permit for onstreet parking. All apartments have at least 3 bedrooms (although some show as a 4 bed) and include a full bath, in unit washer/dryer hookup, spacious kitchen/dining with appliances, a living room and a storage area. All units are rented except Apartment 1 which was owner-occupied and could use some cosmetic updates. Great rental history for both buildings. Tenants are responsible for heat and electricity. Convenient to the University, shopping and commuter lines. Apt. 1 is immediately available for showings. Schedule your showing today.

Last Agent to Sell the Property

Katie Johnson

Coldwell Banker Realty Listed on: 03/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Kelly Espinola

Keller Williams Realty-Merrimack

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,429

Year Built

  • Built in 1940

Lot Details

  • 6,509 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,909 Sq Ft Home
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Parking

  • 11 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 5 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Legal Lot and Block 60 / 6050

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $25,272
  • Net Operating Income $85,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,429

Year Built

Built in 1940

Lot Details

6,509 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1940
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Interior Amenities: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 15
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Laundry Features: Washer & Dryer Hookup, Electric Dryer Hookup
  • Basement: Full
  • Living Area: 6909
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN5323
  • MAIN SO: G95166

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: None, Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6509
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12429
  • Tax Block: 6050
  • Tax Lot: 60

Multi Family

  • Net Operating Income: 85200
  • Number Of Units Total: 5
  • Operating Expense: 25272
  • Total Actual Rent: 7100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
05/23/2024 05/23/24 Sold $1,300,000 0.0% $188 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,300,000 -- $188 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,031 $1,048,000 $110,800 $937,200
2024 $11,243 $944,000 $97,400 $846,600
2023 $10,875 $875,600 $84,700 $790,900
2022 $10,020 $789,600 $72,100 $717,500
2021 $8,870 $659,000 $62,700 $596,300
2020 $8,259 $618,200 $72,900 $545,300
2019 $7,860 $559,800 $64,400 $495,400
2018 $7,181 $499,000 $61,300 $437,700
2017 $6,802 $455,900 $55,700 $400,200
2016 $6,088 $401,600 $45,300 $356,300
2015 $5,653 $365,200 $43,400 $321,800
2013 $5,072 $337,900 $53,000 $284,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73215595

MLS Property Information Network (MLS PIN)

APN: LOWE M:000176 T:G03080

Your Personal Tour Guide

Ask me questions while you tour the home.