NOT LISTED FOR SALE
8 Beds
8 Baths
-- Sq Ft
1965 Built

Last Sold April 28, 2023

Last sale price $725,000

38 Days on Market

Highlights

  • Laundry Room
  • Heating System Uses Steam
  • 3-minute walk to Green Briar Park
  • Storage Room

About This Home

As of April 2023

FANTASTIC OPPORTUNITY FIVE UNITS FULLY OCCUPIED RENTS ARE CURRENTLY BELOW MARKET VALUE. BUILDING HAS A NEWER ROOF, NEWER TUCKPOINTING, 3 UNITS 2 BED 2 BATH. 2 UNITS 1 BED 1 BATH. BOILER IS STATE OF THE ART COMPUTERIZED BOILER. 2 CAR GARAGE AND ONE TANDEM SPACE. THREE PARKING SPOTS TOTAL. PLENTY OF STORAGE IN THE BUILDING. BUILDING IS AN EXCELLENT CONDITION AND VERY WELL-KEPT. NEARBY PARKS, SHOPS, AND TRANSPORTATION. PROJECTED RENT TWO BEDROOM TWO BATH 1700. 1 BEDROOM 1 BATH 1300. 3 PARKING SPACES @ $150 EACH - TOTAL INCOME MONTHLY INCOME OF $8,150 AND $97,800 PER YEAR.

Last Agent to Sell the Property

Patti Limperis

Century 21 Universal License #475151801 Listed on: 01/02/2023

Century 21 Universal

Co-Listed By

Ron Alvarez

Century 21 Universal License #471022404

Last Buyer's Agent

Barbara O'Connor

Baird & Warner License #471016838

Baird & Warner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 33 x 125

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Steam
  • 200+ Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $527
  • Trash Expense $2,060
  • Water Sewer Expense $4,009
  • Operating Expense $12,385
  • Gross Income $5,425
  • Net Operating Income $52,315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 8
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Block

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Electric: Service - 201 to 600 Amps
  • Utilities: Water-Municipal
  • Heat/Ventilation: Steam

Fee Information

  • Trash Expense: 2060
  • Water Sewer Expenses: 4009

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33 X 125
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 52315
  • ElectricExpense: 527
  • GrossIncome: 5425
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 12385
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 3038
  • Tax Year: 2021

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
04/28/2023 04/28/23 Sold $725,000 -12.1% --
02/10/2023 02/10/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $825,000 -- --
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: 11693955

Midwest Real Estate Data (MRED)