NOT LISTED FOR SALE
8 Beds
5 Baths
3,850 Sq Ft
1965 Built

Last Sold March 28, 2024

Last sale price $951,000 $247 Per Sq Ft

5 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Storage Room

About This Home

As of March 2024

Well maintained 5 unit building: 3 units are 2 bdr-1bath, and 2 units 1 bdr-1 bath. All 5 kitchens in the building were remodeled in 2018-2019 with tall 42 inch cabinets, granite countertops, Stainless steel appliances. 2020 Newly remodeled bathrooms. Brand new Electric furnace in each unit (past 5 years, each was replaced as tenants moved out). Newer windows. HARDWOOD FLOORS in 4 units. 2020 New electric service, new panels. Intercom buzzer system, fenced backyard. Each unit has a separate electric meter. Basement area with 5 large storage units, 2 coin operated washers, 2 coin operated dryers and mechanical room. Shared backyard area and 3 outdoor concrete parking spaces. Water tank 2020 with storage tank 120 gallons and Navien boiler. Tenants pay their own heat (electric).

Last Agent to Sell the Property

Diana Varva

Century 21 Circle License #471022830 Listed on: 01/31/2024

Century 21 Circle

Last Buyer's Agent

Mohammed Iftikhar

Guidance Realty License #475157330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,638

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 33 x 124

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Storage Room
  • Laundry Room
  • Exterior Basement Entry
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $2,490
  • Fuel Expense $2,539
  • Insurance Expense $3,545
  • Water Sewer Expense $1,981
  • Operating Expense $24,140
  • Gross Income $91,200
  • Net Operating Income $67,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,638

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 8
  • Possible Use: Multi-Family
  • Basement Description: Exterior Access
  • Fire Protection: Carbon Monoxide Detector(s)
  • Misc Inside: Storage Inside,Laundry Room
  • Fireplaces: 2
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Courtyard,Enclosed Stairs

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air,Hot Water

Fee Information

  • Water Sewer Expenses: 1981

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 33 X 124
  • Zoning: MULTI
  • Land Amenities: Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 67060
  • Fuel Expense: 2539
  • Insurance Expense: 3545
  • ElectricExpense: 2490
  • GrossIncome: 91200
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 24140
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 11638
  • Tax Year: 2022

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $951,000 +0.1% $247 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $950,000 -- $247 / Sq Ft
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: 11971545

Midwest Real Estate Data (MRED)

APN: 13011180220000