NOT LISTED FOR SALE
10 Beds
5 Baths
-- Sq Ft
1910 Built

Last Sold August 05, 2023

Last sale price $326,000

71 Days on Market

About This Home

As of August 2023

Great Opportunity! Potential cap rate of 16 to 17%! Rehabbed 4 unit! 3 Unit Building w Back Coach House! Total of 10 Bedrooms and 4 1/2 Baths! 2 Units are 3 Bedrooms-1 Bath & 1 unit is 2 bedrooms-1 Bath! Coach home in back is gut rehab with 2 bedroom and 1 1/2 bath. Each unit has own furnace & hot water tanks. 2 units occupied

Last Agent to Sell the Property

Denise Hoekstra

RE/MAX 1st Service License #475135216 Listed on: 01/02/2023

RE/MAX 1st Service

Last Buyer's Agent

Vladimir Rusev

Coldwell Banker Realty License #475179375

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 1910 | Remodeled in 2022

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Crawl Space
  • Paved or Partially Paved Lot

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,608

Year Built

Built in 1910 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2022
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Basement: None
  • Total Bathrooms: 5
  • Total Bedrooms: 10
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 10
  • Number of Cars: 10
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Dimensions: 3125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • TenantPays: Electric,Gas

Tax Info

  • Tax Annual Amount: 1608
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

MLS Schools

  • Other Public Sch Dist: 299
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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
08/05/2023 08/05/23 Sold $326,000 0.0% --
06/30/2023 06/30/23 Off Market $326,000 -- --
03/15/2023 03/15/23 Pending -- -- --
03/13/2023 03/13/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $335,000 +5.0% --
01/02/2023 01/02/23 For Sale $319,000 -- --
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 $1,688 $42,563 $938 $41,625
2024 $1,688 $42,563 $938 $41,625
2023 $1,645 $8,000 $2,031 $5,969
2022 $1,645 $8,000 $2,031 $5,969
2021 $1,609 $7,999 $2,031 $5,968
2020 $2,570 $11,538 $2,031 $9,507
2019 $2,617 $13,027 $2,031 $10,996
2018 $2,573 $13,027 $2,031 $10,996
2017 $3,324 $15,439 $1,875 $13,564
2016 $3,092 $15,439 $1,875 $13,564
2015 $2,829 $15,439 $1,875 $13,564
2014 $2,249 $12,120 $1,718 $10,402
2013 $2,204 $12,120 $1,718 $10,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11693516

Midwest Real Estate Data (MRED)