$437,500
SOLD JUN 25, 2021
5 Beds
4 Baths
4,224 Sq Ft
0.29 Acres

Recently Sold

$104 Per Sq Ft

12% Below List Price

42 Days on Market

Highlights

  • A-Frame Home
  • 2 Car Attached Garage
  • Baseboard Heating
  • Corner Lot

About This Home

As of March 2024

"Cash Cow" is best to describe this fully occupied four family. It is an investors dream to generate cash flow on day one isn't it? if you're an investor and your answer is yes then this one is for you. This building has great rental history with long term tenants. Unit 1 and 2 share a wide driveway while units 3 and 4 have one garage space each and share a driveway. Unit 2 is a modern townhouse style with laundry hookups and a nice three season porch while the other units are garden style and can share a common laundry room. Plenty of yard for all occupants to share and enjoy. Bonus... Certificate of lead compliance in hand for all units! This one is not to be missed out on.

Last Agent to Sell the Property

Tim Desmarais

Keller Williams Realty Success

Keller Williams Realty Success

Last Buyer's Agent

Tim Desmarais

Keller Williams Realty Success

Keller Williams Realty Success

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,024

Year Built

  • Built in 1970

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property
  • Interior and Exterior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tax Block 41

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $3,426
  • Gross Income $47,340
  • Net Operating Income $43,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,024

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: A Frame
  • Assessment Amount: 308000
  • Assessment Year: 2020
  • Construction: Existing
  • Items Excluded: Tenants personal property
  • Total Stories: 2
  • Price Per Sq Ft: 103.57
  • Property Type: Multi-Family
  • Year Built: 1970
  • Remarks Public: "Cash Cow" is best to describe this fully occupied four family. It is an investors dream to generate cash flow on day one isn't it? if you're an investor and your answer is yes then this one is for you. This building has great rental history with long term tenants. Unit 1 and 2 share a wide driveway while units 3 and 4 have one garage space each and share a driveway. Unit 2 is a modern townhouse style with laundry hookups and a nice three season porch while the other units are garden style and can share a common laundry room. Plenty of yard for all occupants to share and enjoy. Bonus... Certificate of lead compliance in hand for all units! This one is not to be missed out on.
  • L A1 M M S I Memberkey: 610333
  • List Agent: 20775
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 74230
  • S A1 M M S I Memberkey: 610333
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 74230
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Exterior Access
  • Sq Ft - Apx Finished AG: 4224
  • Sq Ft - Apx Unfinished BG: 1489

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum, Brick, Combination, Shingle, Vinyl Siding
  • Foundation: Block
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Description: Assigned
  • Garage Type: Attached

Utilities

  • Electric: Fuses
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas, Gas - Natural, Tank
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Water Heaters: 1
  • Utilities: Cable

Lot Info

  • Map: 110
  • Lot Sq Ft: 12632
  • Lot Acres: 0.29
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: R1 - R
  • Deed Book: 3620
  • Deed Page: 2985
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 47340
  • Net Income: 43914
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 3
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 9024
  • Tax Year: 2020

Map

Range of Values:

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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
03/01/2024 03/01/24 Sold $715,000 -1.4% $191 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $725,000 +65.7% $194 / Sq Ft
06/25/2021 06/25/21 Sold $437,500 -8.7% $104 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $479,000 -4.0% $113 / Sq Ft
03/18/2021 03/18/21 For Sale $499,000 +51.2% $118 / Sq Ft
01/25/2019 01/25/19 Sold $330,000 -2.9% $78 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $340,000 -5.3% $80 / Sq Ft
11/19/2018 11/19/18 Price Changed $359,000 -2.9% $85 / Sq Ft
11/06/2018 11/06/18 For Sale $369,900 -- $88 / Sq Ft
Source: PrimeMLS

Source: PrimeMLS

MLS Number: 4851430

PrimeMLS