NOT LISTED FOR SALE
18 Beds
8 Baths
8,131 Sq Ft
7,405 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $800,000 $98 Per Sq Ft

5 Days on Market

About This Home

As of April 2022

Two buildings on one lot. Excellent investment opportunity. Front building is a large two-family home and features the previous owner's unit with a 3 bedroom, 1 bath apartment with an eat-in kitchen, living room with hardwood floors and a private entrance. The second unit is a 3 bedroom, 2 bath townhouse apartment with hardwood floors and a recently updated eat-in kitchen living room and dining room. The back building contains 5 units. 1st floor north is a 2- or 3-bedroom unit, 1st floor south is a 2-bedroom, 2nd floor north is a 2-bedroom, 3 floor north is a 2-3-bedroom, and the 2nd floor south is another townhouse unit with 3 bedrooms. Plus, there is off street parking available for up to 4 cars. Long term owner and tenants, all rents are well below market rates. Future money maker for sure! Don't miss out!

Last Agent to Sell the Property

Christopher Terry

E Z Home Search Real Estate Inc. Listed on: 02/15/2022

Last Buyer's Agent

Ron Ifrah

Longwood Residential, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,908

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Home Design

  • 8,131 Sq Ft Home
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 8 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater
  • Water Heater Leased

Listing and Financial Details

  • Total Actual Rent $3,300
  • Assessor Parcel Number M:0M13 B:0000 L:0035

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Insurance Expense $6,076
  • Water Sewer Expense $2,512
  • Operating Expense $12,559
  • Net Operating Income $27,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,908

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 4(Range), Gas Water Heater,Leased Heater
  • Total Bedrooms: 18
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full, Interior Entry
  • Living Area: 8131
  • Stories Total: 7
  • MAIN LO: AC0589
  • MAIN SO: AC1259

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Other
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Space Heater), Unit 2(Space Heater), Unit 3(Space Heater), Unit 4(Space Heater)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 2512

Lot Info

  • Parcel Number: M:0M13 B:0000 L:0035
  • Zoning: M
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7606

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6908

Multi Family

  • Insurance Expense: 6076
  • Net Operating Income: 27041
  • Number Of Units Total: 7
  • Operating Expense: 12559
  • Total Actual Rent: 3300
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
04/06/2022 04/06/22 Sold $800,000 +9.6% $98 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $729,900 -- $90 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942974

MLS Property Information Network (MLS PIN)