NOT LISTED FOR SALE
20 Beds
20 Baths
-- Sq Ft
1960 Built

Last Sold December 17, 2015

Last sale price $790,000

89 Days on Market

About This Home

As of December 2015

Great investment opportunity situated in the residential community of Avalon Park. 19 unit units fully leased/Hardwood floors throughout. All mechanical's are in good working order. The roof is in good condition. There are security cameras on the property, that can be remotely accessed at other locations. The properties gross income fully supports the expenses/debt service and provides a positive cash flow.

Last Agent to Sell the Property

Suni Karim, CCIM, CMCA

SK Properties Group, LLC License #471000095 Listed on: 05/24/2015

Last Buyer's Agent

Kevin Piccolo

Kale Realty License #475166343

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Home Design

  • Slab Foundation

Additional Features

  • Unfinished Basement

Community Details

  • Fuel Expense $19,316
  • Insurance Expense $6,144

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Water to Site
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 93309
  • Repairs Decor Expense: 2301
  • Roof Coverings: Rubber
  • Roof Structure: Flat
  • Scavenger Expense: 2859
  • Total Annual Exp: 52212
  • Total Annual Income: 153180
  • Total Monthly Income: 12765
  • Number Of Stories: 3
  • Estimated Year Built: 1960
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1960

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat
  • Water Expense: 5968

Condo/Co-op/Association

  • Units in Building: 19

Fee Information

  • Electricity Expense: 969
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 100X80
  • Lot Sq Ft: 7805
  • Land Amenities: Lighting/Exterior, Cable Ready
  • Parcel Identification Number: 20363300170000

Rental Info

  • Gross Rental Income: 153180
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 19316
  • Insurance Expense: 6144
  • Other Expenses: 6144

Tax Info

  • Taxes: 14655

Range of Values:

Collateral Analytics

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ICE

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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 Change Sq Ft Price
12/17/2015 12/17/15 Sold $790,000 -11.7% --
08/21/2015 08/21/15 Pending -- -- --
05/24/2015 05/24/15 For Sale $895,000 -- --
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: MRD08932070

Midwest Real Estate Data (MRED)

APN: 20363300170000