NOT LISTED FOR SALE
12 Beds
6 Baths
8,520 Sq Ft
1912 Built

Sale Details

Date Sold: June 17, 2022

Last sale price $325,000 $38 Per Sq Ft

5 Days on Market

About This Home

As of June 2022

Classic 6 Unit, brick building. Great investment opportunity! Located just blocks from the expressway, and not far from Whole Foods, Starbucks and new development. Each unit has 2 bedrooms and an extra room. Tenants pay heat and hot water. All mechanicals less than 9 years old. Great opportunity for condo conversion or rental. Seller is seeking a quick cash, as is sale.

Last Agent to Sell the Property

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 10/20/2021

Last Buyer's Agent

Siobhan Robinson

Mobile Realty LLC License #471020807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,680

Year Built

  • Built in 1912

Interior Spaces

  • 8,520 Sq Ft Home
  • 3-Story Property
  • Skylights

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Lot Details

  • Additional Parcels

Utilities

  • Separate Meters
  • Mechanical Septic System

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $410
  • Insurance Expense $4,919
  • Maintenance Expense $2,000
  • Manager Expense $9,600
  • Other Expense $600
  • Trash Expense $1,140
  • Water Sewer Expense $3,576
  • Operating Expense $29,925
  • Gross Income $57,000
  • Net Operating Income $27,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,680

Year Built

Built in 1912

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1912
  • Built Before 1978 (Y/N): Yes
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Misc Inside: Skylight/s
  • Room: 0

Utilities

  • Utilities: Sanitary Sewer, Septic-Mechanical, Water-Municipal
  • Heat/Ventilation: Separate Per Unit

Condo/Co-op/Association

  • Manager Expense: 9600

Fee Information

  • Trash Expense: 1140
  • Water Sewer Expenses: 3576

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 6160
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 8520

Multi Family

  • Net Operating Income: 27075
  • Insurance Expense: 4919
  • ElectricExpense: 410
  • GrossIncome: 57000
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 29925
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 7680
  • 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
06/17/2022 06/17/22 Sold $325,000 0.0% $38 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $325,000 -- $38 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

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 $10,418 $60,800 $4,928 $55,872
2024 $10,418 $60,800 $4,928 $55,872
2023 $10,156 $49,376 $3,850 $45,526
2022 $10,156 $49,376 $3,850 $45,526
2021 $7,038 $34,997 $3,850 $31,147
2020 $8,516 $38,230 $3,850 $34,380
2019 $7,681 $38,230 $3,850 $34,380
2018 $7,552 $38,230 $3,850 $34,380
2017 $6,931 $32,199 $3,542 $28,657
2016 $6,449 $32,199 $3,542 $28,657
2015 $5,900 $32,199 $3,542 $28,657
2014 $3,972 $21,409 $3,542 $17,867
2013 $3,894 $21,409 $3,542 $17,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11251562

Midwest Real Estate Data (MRED)
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