NOT LISTED FOR SALE
8 Beds
8 Baths
3,228 Sq Ft
2,614 Sq Ft Lot

Last Sold August 03, 2021

Last sale price $490,000 $152 Per Sq Ft

38 Days on Market

About This Home

As of August 2021

Large and fully separately metered four family property with plenty of room to increase rents and create great cashflow. All tenants are TAW. Don't miss this opportunity to get a competitively priced multifamily in an area with extremely high rental demand. Just walking distance to nearby bus stops. With cosmetic updates throughout, the investor can take advantage of bringing the building up to date and increasing the rents to market rate. Solid bones and low expenses makes this an easy one to manage. All four units have long term tenants..

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 04/27/2021

Last Buyer's Agent

Emmanuel Frias

Home Realty Group LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 2,614

Additional Features

  • Property has 1 Level
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Corner of Whipple and Kinsman
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • MAIN LO: G80038
  • MAIN SO: AC0594
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace: No
  • Stories: 6

Exterior Features

  • Foundation Details: Stone
  • Lot Features: Corner Lot
  • Waterfront: No

Utilities

  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Lot Info

  • LOT SIZE: 2720
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2613.6
  • Zoning: TMF

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Annual Gross Income: 35400
  • Property Net Operating Income: 35400
  • Number Of Units Total: 4
  • Total Actual Rent: 2950

Tax Info

  • Tax Annual Amount: 4936.5
  • Tax Book Number: 0
  • Tax Year: 2020
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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
08/03/2021 08/03/21 Sold $490,000 -6.7% $152 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $525,000 -- $163 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72820879

MLS Property Information Network (MLS PIN)