NOT LISTED FOR SALE
12 Beds
12 Baths
7,200 Sq Ft
3,515 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $650,000 $90 Per Sq Ft

14 Days on Market

About This Home

As of July 2021

Excellent 12-unit multi-family investment opportunity. 12 1BR / 1BA apartments with individual furnaces and hot water. Quiet building with stable tenants. Great long-term upside with excellent in-place cash flow. Hot area with development brewing to the north, south, east, and west. *New plumbing *New Roof *Tuck Pointed *Breakers in units *Intercom *New water lines and main water *Newer appliances *New Windows Stories 3 Lot Size 3,515 Sq. Ft

Last Agent to Sell the Property

Brandice Hampton

Baird & Warner License #475166488 Listed on: 05/13/2021

Baird & Warner

Co-Listed By

Jonathan Williams

Coldwell Banker Realty License #475197286

Last Buyer's Agent

Joan McClorey

First In Realty, Inc. License #475184316

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,897

Year Built

  • Built in 1925

Lot Details

  • 3,515 Sq Ft Lot
  • Lot Dimensions are 28x128
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,200 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $24,000
  • Gross Income $80,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,897

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1925
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Misc Inside: Inside Corridor/s
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 12
  • Ranges: 12
  • Number of Windows: 0
  • Number of Washers: 0
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road
  • List Price: 660000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Satellite Dish,Security Gate,Storms and Screens (as exist)

Utilities

  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.08
  • Lot Dimensions: 28X128
  • Lot Size Sq Ft: 3515
  • Zoning: MULTI
  • Land Amenities: Lighting/Exterior,Sidewalks,Cable Ready

Rental Info

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

Building Info

  • BuildingAreaTotal: 7200
  • Building Unit Info: Fire Alarm,Restriction-Pets,Smoke/Alarm Detector

Multi Family

  • GrossIncome: 80000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 24000
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7897.04
  • Tax Year: 2019

Range of Values:

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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 Change Sq Ft Price
07/22/2021 07/22/21 Sold $650,000 -1.5% $90 / Sq Ft
05/28/2021 05/28/21 For Sale -- -- --
05/27/2021 05/27/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $660,000 -- $92 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11087074

Midwest Real Estate Data (MRED)

APN: 20161010050000