NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
3,485 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $240,000

76 Days on Market

About This Home

As of November 2019

WHAT A GREAT INVESTMENT PROPERTY. LOW PROPERTY TAXES!!! SOLID BRICK BUILDING WITH 6 UNITS, UPDATED WITHIN THE LAST 10 YEARS WITH SEPARATE HEAT WITH INDIVIDUAL FURNACES FOR EACH UNIT, SEPARATE HOT WATER, SEPARATE ELECTRICAL METERS. TENANTS PAY ALL THEIR OWN UTILITIES EXCEPT WATER.NEWER WINDOWS, ELECTRICAL SERVICE WITH SEPARATE METERS, UPDATED PLUMBING AND ALL THE UNITS COMPLETELY REHABBED DOWN TO THE STUDS. ONE UNIT IS COMPLETELY GUTTED TO THE STUDS DUE TO A PREVIOUS FIRE DAMAGE BUT HAS ALL MECHANICALS IN PLACE AND READY TO BE FINISHED. (THE REASON THE SELLER IS SELLING THIS AS-IS BUT THE SELLER CAN FINISH IT WITH AN AGREED PRICE).THE OTHER 5 UNITS ARE TURN KEY (NEW CARPET, FRESHLY PAINTED) GREAT ROI AND CASH FLOW. CASH DEALS ONLY. LOW MAINTENANCE BUILDING. BROKER OWNED.

Last Agent to Sell the Property

Ioana Juravle

Finish Line Realty , Inc. License #471010793 Listed on: 09/05/2019

Co-Listed By

Ryan Johnson

Finish Line Realty , Inc.

Last Buyer's Agent

jesus aranda

Su Familia Real Estate Inc License #475175177

Property Details

Home Type

  • Multi-Family

Year Built

  • 1923

Lot Details

  • 3,485

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Partially Finished Basement

Community Details

  • Fuel Expense $645
  • Insurance Expense $2,649

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, hot water

Property Details

Home Type

Multi-Family

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust, Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 43700
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 1404
  • Roof Structure: Flat
  • Scavenger Expense: 1154
  • Total Annual Exp: 14359
  • Total Annual Income: 55200
  • Total Monthly Income: 4600
  • Number of Ranges: 5
  • Number Of Refrigs: 5
  • Number Of Stories: 3
  • Estimated Year Built: 1923
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1923

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.08
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 4

Utilities

  • Heatventilation: Central Heat/Indiv Controls, Forced Air, Gas, Separate Per Unit
  • Water Expense: 2065

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 805
  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 3720 SF
  • Lot Sq Ft: 3720
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 20294180250000

Rental Info

  • Gross Rental Income: 4600
  • Tenant Pays: Air Conditioning, Electric, Heat, Hot Water

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 645
  • Insurance Expense: 2649
  • Other Expenses: 1403

Tax Info

  • Taxes: 3,141.9

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 List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $240,000 -7.7% --
11/20/2019 11/20/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $259,900 0.0% --
09/13/2019 09/13/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $259,900 -- --
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: MRD10507417

Midwest Real Estate Data (MRED)