NOT LISTED FOR SALE
23 Beds
9 Baths
-- Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: July 31, 2018

Last sale price $330,000 $0 Per Sq Ft

10 Days on Market

About This Home

As of July 2018

Neat 8 Unit Corner Building with all of the updates you need for a profitable real estate investment. New Roof, tuck-pointing, rear porches, windows, skylights, and separate heating and hot water tanks for all 8 units. Just blocks away from the new Kennedy King College Campus, Starbucks, Whole Foods, shopping and restaurants. Easy walk to the Green-line too. What an easy way to add $90,000 to your annual income! 14% Cap Rate and 5% Rent Multiplier. Can we say cash cow? This is the building you have been looking for!

Last Agent to Sell the Property

Don Robinson

ABS Property Consulting License #475160883 Listed on: 06/20/2018

Last Buyer's Agent

Moses Hall

MoHall Commercial & Urban Development License #471019687

Property Details

Home Type

  • Multi-Family

Year Built

  • 1919

Lot Details

  • 7,841

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Community Details

  • Insurance Expense $4,420

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Year Built

1919

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2017
  • Net Oper Income: 69559
  • Repairs Decor Expense: 1200
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 2023
  • Total Annual Exp: 18041
  • Total Annual Income: 90000
  • Total Monthly Income: 7300
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1919
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1919

Exterior Features

  • Foundation: Brick
  • Exterior Building Type: Brick
  • Acreage: 0.18
  • Construction: Brick

Utilities

  • Heatventilation: Forced Air, Gas, Separate Per Unit, Zoned
  • Water Expense: 3686

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 432
  • Electrical Service: Circuit Breakers, Separate Meters
  • Janitor Expense: 2160

Lot Info

  • Lot Dimensions: 56X124
  • Lot Sq Ft: 6944
  • Parcel Identification Number: 20204050210000

Rental Info

  • Gross Rental Income: 87600
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2017
  • Insurance Expense: 4420
  • Other Expenses: 1130

Tax Info

  • Taxes: 5150

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 26, 2018
Sold by
Bought by
Seller's Agent
Don Robinson
ABS Property Consulting
Buyer's Agent
Moses Hall
MoHall Commercial & Urban Development
List Price
$348,800
Sold Price
$330,000
Premium/Discount to List
-$18,800
-5.39%

Purchase Details

Closed on
Mar 3, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 1995
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 1993
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Chicago Title
$79,000 Chicago Title Insurance Co
$50,000 --
-- --
$109,333 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $330,000 -5.4% --
06/30/2018 06/30/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $348,800 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,013 $63,200 $5,715 $57,485
2024 $11,013 $63,200 $5,715 $57,485
2023 $10,736 $52,198 $4,465 $47,733
2022 $10,736 $52,198 $4,465 $47,733
2021 $10,496 $52,197 $4,465 $47,732
2020 $9,656 $43,347 $4,465 $38,882
2019 $8,709 $43,347 $4,465 $38,882
2018 $4,722 $23,906 $4,465 $19,441
2017 $4,635 $21,531 $4,107 $17,424
2016 $5,150 $25,713 $4,107 $21,606
2015 $4,712 $25,713 $4,107 $21,606
2014 $4,791 $25,820 $4,107 $21,713
2013 $4,124 $22,677 $4,107 $18,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09992513

Midwest Real Estate Data (MRED)

APN: 20204050210000

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