NOT LISTED FOR SALE
9 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold November 05, 2021

Last sale price $385,000

45 Days on Market

About This Home

As of November 2021

This is a legal 4 unit building located and an EXCELLENT INVESTMENT on a great block in the South Shore Community. Three apartments are two bedrooms, and there is one three-bedroom apartment. Some newer windows have been installed. Each apartment has an enclosed back porch for extra storage: nice large kitchens and good size bedrooms. Tenants are responsible for all utilities. Two finished basements could be used for related living space or additional rental income, each with separate heating. Accessible to great transportation and minutes from Lake Michigan. LOTS OF NEW DEVELOPMENT HAPPENING IN THIS LONG-STANDING COMMUNITY WITH ITS ROBUST HISTORY. This is a great investment property or an excellent building for an owner to live in. Nothing to do but collect the rent!! Don't wait or hesitate because this one truly is a moneymaker!!

Last Agent to Sell the Property

Shari Smith

Red Pro Realty LLC License #471021298 Listed on: 07/22/2021

Last Buyer's Agent

Stephon Walker

Compass License #475195845

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,668

Year Built

  • Built in 1910

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x167

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Bradwell Comm Arts & Sci Element Elementary School
  • South Shore Community Academy Se Middle School
  • South Shore Community Academy Se High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 4 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,668

Year Built

Built in 1910

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): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 9
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

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

Schools

  • Elementary School: Bradwell Comm Arts & Sci Element
  • High School: South Shore Community Academy Se
  • Middle/Junior School: South Shore Community Academy Se

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 50X167
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 5668.33
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat
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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
11/05/2021 11/05/21 Sold $385,000 -5.1% --
09/10/2021 09/10/21 For Sale -- -- --
09/07/2021 09/07/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $405,900 -- --
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 $3,599 $33,801 $6,263 $27,538
2024 $3,599 $33,801 $6,263 $27,538
2023 $3,496 $17,001 $10,438 $6,563
2022 $3,496 $17,001 $10,438 $6,563
2021 $3,418 $16,999 $10,437 $6,562
2020 $5,531 $24,827 $7,515 $17,312
2019 $5,668 $28,213 $7,515 $20,698
2018 $5,573 $28,213 $7,515 $20,698
2017 $4,570 $21,230 $6,680 $14,550
2016 $4,252 $21,230 $6,680 $14,550
2015 $3,890 $21,230 $6,680 $14,550
2014 $3,801 $20,485 $5,845 $14,640
2013 $3,726 $20,485 $5,845 $14,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11165792

Midwest Real Estate Data (MRED)
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