NOT LISTED FOR SALE
9 Beds
6 Baths
8,100 Sq Ft
1923 Built

Last Sold July 22, 2022

Last sale price $450,000 $56 Per Sq Ft

27 Days on Market

About This Home

As of July 2022

Don't miss out on a great opportunity to invest in this well maintained building. 6 units; 3 units are 1 bed 1 bath, 3 units are 2 bed 1 bath. FULLY OCCUPIED. 4 car garage rented by current tenants. Coin laundry in the basement for additional income. 2 leases are month to month.

Last Agent to Sell the Property

Jill Ferguson

Landmark Property Management, Inc. License #475175960 Listed on: 04/12/2022

Last Buyer's Agent

Maria Ortiz

Kale Realty License #475141624

Kale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1923

Parking

  • Common or Shared Parking

Home Design

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

Interior Spaces

  • 3-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $295
  • Fuel Expense $740
  • Insurance Expense $1,500
  • Manager Expense $7,200
  • Water Sewer Expense $1,217
  • Operating Expense $10,700
  • Gross Income $43,360
  • Net Operating Income $32,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,578

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1923
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 9
  • Basement Description: Unfinished
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • List Price: 499000
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Security Lighting,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: Common Parking
  • Indoor Parking: Detached

Utilities

  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Forced Air

Condo/Co-op/Association

  • Manager Expense: 7200

Fee Information

  • Water Sewer Expenses: 1217
  • Janitor Expense: 730

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 8100SF
  • Zoning: MULTI

Rental Info

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

Multi Family

  • Net Operating Income: 32840
  • Fuel Expense: 740
  • Insurance Expense: 1500
  • ElectricExpense: 295
  • GrossIncome: 43360
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 10700
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 3577.89
  • Tax Year: 2020

Range of Values:

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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
07/22/2022 07/22/22 Sold $450,000 -9.8% $56 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $499,000 -- $62 / 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: 11373415

Midwest Real Estate Data (MRED)

APN: 21311180210000