NOT LISTED FOR SALE
15 Beds
6 Baths
5,820 Sq Ft
0.28 Acres

Last Sold January 20, 2023

Last sale price $310,000 $53 Per Sq Ft

53 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Baseboard Heating
  • No HOA
  • Public Transportation
  • Level Lot

About This Home

As of January 2023

Opportunity to own (2) three-family properties on one parcel for a total of 6 units. The unit mix consists of three large 3 bed/1 bath apartments in the front building and three large 2 bed/1 bath apartments in the rear building - both are 100% occupied. The front building has washer/dryer hook up in each unit off the kitchen. The utilities are separate and tenant paid - electric H&HW w/updated electrical to circuit breakers = low maintenance/inexpensive to upkeep. Properties are renovated with vinyl siding, mostly replacement windows and various renovations in the units - kitchens, baths, hardwood and vinyl flooring. There is off-street parking and a small shared driveway. Great opportunity for someone looking to start or add to their portfolio. Rents WAY under market = VALUE ADD - 28% ROI Proforma.

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 09/27/2022

Oxford Realty

Last Buyer's Agent

Levi Judqin

Brass Moon Realty License #REB.0792029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,861

Year Built

  • Built in 1864

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Frame Construction
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 5,820 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Additional Features

  • Public Transportation
  • Gross Income $53,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,861

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 5820
  • Total Sq Ft: 5820
  • Year Built: 1864
  • Nearby Amenities: Commuter Bus, Medical Facilities, Park, Public Rec Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Tax Year Updated Dt: 09/27/2022
  • Directions: N Main St to Burton St. OR Bishop St to Burton St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 15
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Washer/Dryer Some Units
  • Attic: No

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Off Street Parking
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 53040
  • Unit Count: 6
  • Total Multi Family: 27
  • Total Num Of Units: 6

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 10861
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1378281

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

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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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 Prior Sale
01/20/2023 01/20/23 Sold $310,000 -8.8% $53 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $339,999 -2.9% $58 / Sq Ft
10/25/2022 10/25/22 Price Changed $349,999 -10.2% $60 / Sq Ft
09/27/2022 09/27/22 For Sale $389,900 +23.8% $67 / Sq Ft
09/25/2019 09/25/19 Sold $315,000 -4.5% $54 / Sq Ft View Prior Sale
08/19/2019 08/19/19 Pending -- -- --
03/24/2019 03/24/19 For Sale $330,000 -- $57 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

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 $13,681 $304,150 $42,000 $262,150
2024 $15,037 $304,150 $42,000 $262,150
2023 $16,482 $304,150 $42,000 $262,150
2022 $10,861 $180,380 $22,050 $158,330
2021 $10,861 $180,380 $22,050 $158,330
2020 $10,861 $180,380 $22,050 $158,330
2019 $5,321 $88,380 $10,500 $77,880
2018 $5,321 $88,380 $10,500 $77,880
2017 $5,686 $94,430 $10,500 $83,930
2016 $5,686 $94,430 $10,500 $83,930
2015 $5,498 $94,430 $10,500 $83,930
2014 $5,498 $94,430 $10,500 $83,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170526234

SmartMLS

APN: WATE M:0236 B:0170 L:0098