NOT LISTED FOR SALE
24 Beds
16 Baths
-- Sq Ft
1925 Built

Last Sold February 24, 2017

Last sale price $567,500

About This Home

As of February 2017

Gut rehab condo quality apartment building fully leased. Kitchens have high end cabinets along with granite countertops. Most units have frig, stove, dishwasher and microwave. Master bedrooms have whirlpool tubs. High end finishes throughout. Brick Garage contains six units. Video camera installed on building and units wired for ADT monitoring.

Last Agent to Sell the Property

Julie McKenzie

McKenzie Management Inc. License #471002165 Listed on: 01/04/2017

Last Buyer's Agent

Carla Gorman

Baird & Warner License #475163788

Baird & Warner

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Home Design

  • Brick Exterior Construction

Utilities

  • Central Air

Community Details

  • Fuel Expense $270
  • Insurance Expense $6,199

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, hot water
  • $5,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Ownership Type: Limited Liability Corp
  • Zoning Type: MULTI
  • Estimated Age: New Rehab
  • Net Operating Income Year: 2015
  • Net Oper Income: 65100
  • Repairs Decor Expense: 10579
  • Scavenger Expense: 1972
  • Total Annual Exp: 43500
  • Total Annual Income: 108600
  • Total Monthly Income: 9050
  • Number of Ranges: 7
  • Number Of Refrigs: 7
  • Number Of Stories: 3
  • Estimated Year Built: 1925
  • Type Multi Family: Garden Complex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Exterior Features

  • Exterior Building Type: Brick
  • Construction: Brick

Garage/Parking

  • Indoor Parking: 6-12 Spaces
  • Number Of Parking Spaces: 6

Utilities

  • Air Conditioner: Central Air, Central Individual
  • Heatventilation: Forced Air, Gas
  • Water Expense: 6615

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electricity Expense: 693
  • Janitor Expense: 890

Lot Info

  • Lot Dimensions: 50X125
  • Parcel Identification Number: 21303010281002

Rental Info

  • Gross Rental Income: 108600
  • Tenant Pays: Air Conditioning, Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2015
  • Fuel Expense: 270
  • Gross Rent Multiplier: 6
  • Insurance Expense: 6199
  • Other Expenses: 5826
  • Number Of Dishwashers: 7
  • Number Of Dryers: 5
  • Number Of Washers: 5

Tax Info

  • Taxes: 10456

Range of Values:

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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
02/24/2017 02/24/17 Sold $567,500 -5.3% --
01/04/2017 01/04/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $599,000 -- --
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: MRD09469992

Midwest Real Estate Data (MRED)