$775,000

Estimated payment $4,621/month

Total Views 493
-- Bed
-- Bath
6,435 Sq Ft
$120 Price per Sq Ft

About This Home

Recently Rehabbed & Turnkey 8-Unit building in Booming Chatham. Listed at an 11 CAP, perfect for long-term investors seeking to maximise cash flow and upside appreciation. A mix of 1 and 2 bedroom units with a monthly rent roll of $9,200.

Listing Agent

Lawrence Dunning

Fulton Grace Realty Brokerage Email: lawrence@fultongrace.com License #475164126 Listed on: 02/06/2026

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,695

Year Built

  • Built in 1927

Lot Details

  • 4,712 Sq Ft Lot
  • Lot Dimensions are 38x124

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,435 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Exterior Basement Entry

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,200
  • Fuel Expense $3,480
  • Insurance Expense $5,000
  • Maintenance Expense $1,200
  • Trash Expense $1,500
  • Water Sewer Expense $2,200
  • Operating Expense $21,400
  • Gross Income $110,400
  • Net Operating Income $89,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,695

Year Built

Built in 1927

Lot Details

4,712 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance,Flats
  • Stories: 3
  • Year Built: 1927
  • Built Before 1978 (Y/N): Yes
  • Information: 48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: lawrence@fultongrace.com
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Unfinished
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 0
  • Ranges: 0
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick

Utilities

  • Cooling: None
  • Utilities: Sewer Connected, Water Available
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit

Condo/Co-op/Association

  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1500
  • Water Sewer Expenses: 2200

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 38X124
  • Lot Size Sq Ft: 4712
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 6435

Multi Family

  • Net Operating Income: 89000
  • Fuel Expense: 3480
  • Insurance Expense: 5000
  • ElectricExpense: 1200
  • GrossIncome: 110400
  • Maintenance Expense: 1200
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 21400
  • Type Multi-Family: Corridor-Exterior Entrance,Flats

Tax Info

  • Tax Annual Amount: 7694.8
  • Tax Year: 2024

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,652 $38,300 $7,304 $30,996
2024 $5,652 $38,300 $7,304 $30,996
2023 $5,510 $26,788 $4,241 $22,547
2022 $5,510 $26,788 $4,241 $22,547
2021 $5,387 $26,787 $4,240 $22,547
2020 $7,580 $34,024 $4,240 $29,784
2019 $6,836 $34,024 $4,240 $29,784
2018 $6,721 $34,024 $4,240 $29,784
2017 $6,859 $31,861 $3,534 $28,327
2016 $6,381 $31,861 $3,534 $28,327
2015 $5,838 $31,861 $3,534 $28,327
2014 $5,819 $31,363 $3,534 $27,829
2013 $5,704 $31,363 $3,534 $27,829
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2026 02/06/26 For Sale $775,000 +244.4% $120 / Sq Ft
08/30/2018 08/30/18 Sold $225,000 -19.4% -- View Prior Sale
07/05/2018 07/05/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $279,000 0.0% --
04/19/2018 04/19/18 Pending -- -- --
04/06/2018 04/06/18 For Sale $279,000 0.0% --
12/30/2017 12/30/17 Pending -- -- --
11/29/2017 11/29/17 For Sale $279,000 0.0% --
11/16/2017 11/16/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $279,000 +50.8% --
02/02/2016 02/02/16 Sold $185,000 -42.2% $29 / Sq Ft View Prior Sale
11/20/2015 11/20/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $319,900 -- $50 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12562715

Midwest Real Estate Data (MRED)

APN: 20342310030000

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