NOT LISTED FOR SALE
11 Beds
7 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold December 07, 2020

Last sale price $725,000

100 Days on Market

Highlights

  • Landscaped Professionally
  • Lower Floor Utility Room
  • 3 Car Detached Garage
  • Whirlpool Bathtub
  • Fenced Yard
  • Entrance Foyer

About This Home

As of December 2020

GORGEOUS, COMPLETELY RENOVATED, LANDSCAPED, 3-STORY, YELLOW-BRICK, 3 UNIT APARTMENT BUILDING ON EXTRA-WIDE 33' X 124' LOT, WITH TWO 3-BEDROOM 2-BATHROOM UNITS, ONE 3-BEDROOM 1-1/2 BATHROOM, ONE 2-BEDROOM 1-BATH GARDEN UNIT (Neither Seller nor Broker make any representation as to the legality of the garden unit) AND 3 CAR BRICK GARAGE. FEATURING: STUNNING FIRST FLOOR OWNERS UNIT WITH FRONT WALKOUT BALCONY AND REAR DECK, ELEGANT KITCHEN AND BATHS, FULL SIZE DINING ROOM AND LIVING ROOM. OWNERS UNIT MIGHT BE ABLE TO BE DUPLEX INTO THE GARDEN UNIT FOR ADDITIONAL LIVING SPACE. NEW CARPETING JUST ADDED IN THE GARDEN APARTMENT. EXCELLENT INCOME, LOCATION, ON TREE-LINED STREET PERFECT FOR AN OWNER THAT WANTS INCOME. A MUST SEE!

Last Agent to Sell the Property

Jim Hodur

Coldwell Banker Commercial NRT License #471004807 Listed on: 07/10/2020

Coldwell Banker Commercial NRT

Co-Listed By

Frank Genualdi

Coldwell Banker Realty License #475092263

Last Buyer's Agent

Fraz Haque

Property Economics, Inc. License #475155129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,845

Year Built

  • Built in 1929 | Remodeled in 2012

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33 x 124
  • Fenced Yard
  • Landscaped Professionally

Parking

  • 3 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3-Story Property
  • Entrance Foyer
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 7 Bathrooms
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $73,320
  • Net Operating Income $55,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,845

Year Built

Built in 1929 | Remodeled in 2012

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Rebuilt Year: 2012
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: Full
  • Total Bathrooms: 7
  • Total Bedrooms: 11
  • Room Type: Foyer, Utility Room-Lower Level
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Disposal,Central Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space,Hardwood Floors

Exterior Features

  • Lot Features: Fenced Yard, Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer, Sewer-Storm
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.09
  • Lot Dimensions: 33 X 124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 55625
  • GrossIncome: 73320
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Story Unit/s

Tax Info

  • Tax Annual Amount: 9845.46
  • Tax Year: 2018
  • Tax Exemptions: Homeowner

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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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
12/07/2020 12/07/20 Sold $725,000 -3.2% --
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $749,000 0.0% --
10/16/2020 10/16/20 Price Changed $749,000 -9.7% --
08/05/2020 08/05/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $829,000 -- --
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: 10777752

Midwest Real Estate Data (MRED)