NOT LISTED FOR SALE
6 Beds
4 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 28, 2020

Last sale price $375,000

6 Days on Market

Highlights

  • Heating System Uses Steam
  • Paved or Partially Paved Lot
  • 1-minute walk to Brainerd Station

About This Home

As of December 2020

INVESTIGATE THIS INVESTMENT! LANDMARK PROPERTY IN WASHINGTON HEIGHTS JUST HOP-SKIP-N-JUMP FROM BRAINERD METRA STATION & PUBLIC LIBRARY PLUS MINUTES FROM I-94 & ALL OTHER NEARBY CONVENIENCES. ALL 2 BEDROOM APARTMENTS WITH STEADY INCOME PLUS BASEMENT WITH COIN-OPERATED WASHER, DRYER & STORAGE. 3 PARKING SPACES OFF ALLEY PLUS ZONED PARKING IN THE STREET. TENANTS PAY COOKING GAS & ELECTRIC. LOT'S HAPPENING HERE SO HURRY BEFORE THIS OPPORTUNITY IS GONE!

Last Agent to Sell the Property

Thomas Domasik

RE/MAX 10 in the Park License #475129362 Listed on: 10/07/2020

RE/MAX 10 in the Park

Last Buyer's Agent

Quo Vadis Gates

EXIT Strategy Realty License #475191002

EXIT Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,560

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 40x125
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Off Alley Parking
  • Parking Space is Owned

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Lake Michigan Water
  • Cable TV Available

Community Details

Building Details

  • Electric Expense $576
  • Fuel Expense $972
  • Insurance Expense $1,320
  • Water Sewer Expense $3,360
  • Gross Income $43,200
  • Net Operating Income $35,844

Additional Features

  • 4 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 5

Exterior Features

  • ExteriorFeatures: Storms/Screens, Cable Access
  • List Price: 349873
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Off Alley, Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Water Sewer Expenses: 3360
  • Other Expenses $: 1128

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 40X125
  • Zoning: MULTI
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 35844
  • Fuel Expense: 972
  • Insurance Expense: 1320
  • ElectricExpense: 576
  • GrossIncome: 43200
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4559.76
  • Tax Year: 2019
  • Tax Exemptions: None

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
12/28/2020 12/28/20 Sold $375,000 +7.2% --
10/13/2020 10/13/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $349,873 0.0% --
07/13/2018 07/13/18 Rented $925 0.0% --
05/14/2018 05/14/18 For Rent $925 0.0% --
09/13/2016 09/13/16 Sold $160,000 -5.3% -- View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $169,000 0.0% --
07/22/2016 07/22/16 Price Changed $169,000 +6.3% --
04/24/2016 04/24/16 Pending -- -- --
03/24/2016 03/24/16 Price Changed $159,000 -3.6% --
02/08/2016 02/08/16 Price Changed $165,000 -5.7% --
12/09/2015 12/09/15 Price Changed $175,000 -5.4% --
09/25/2015 09/25/15 Price Changed $185,000 -2.6% --
06/04/2015 06/04/15 For Sale $190,000 -- --
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: 10894482

Midwest Real Estate Data (MRED)