NOT LISTED FOR SALE

Estimated Value: $217,086 - $231,000

Studio
-- Bath
5,496 Sq Ft
$40/Sq Ft Est. Value

Highlights

  • Enclosed Parking
  • Forced Air Heating System
  • Wood Siding

About This Home

Investment Opportunity for the Investor. 5 Units on One Tax Parcel. A Money Maker at this price. Lots of potential on this investment. Needs some work but the potential is great for the right Buyer. This location has Two Buildings on One Tax Parcel. You can't build a 5 unit at this price. There is a Two-Unit next door as well for a Potential 7 unit Package deal. Add this Hidden Gem to your Portfolio today and start making some money. Cash or Conventional Only. No Rehab Loans. Hurry today on this Investment Opportunity!! Tenants Pay their own utilities. Owner only pays Water!!

Last Agent to Sell the Property

Gary Frederick

XSELL Real Estate Company, LLC License #58321-90 Listed on: 07/29/2022

Last Buyer's Agent

Jatinder Mangat

Mangat Realty Group Inc. License #58631-90

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 5,496 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Parking

  • Enclosed Parking
  • Outside Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 5 Units

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Prop. Type: Multi-Family
  • Directions: Northwest Corner of Hamilton St and Superior St.
  • New Construction: No
  • Year Built: 1914
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 906 Hamilton STREET
  • Type 5 Heat Fuel: Natural Gas
  • Lot Acreage: 0.22
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Full
  • Second Floor Total Sq Ft: 5496.00

Exterior Features

  • Exterior Building Type: Duplex +
  • Exterior: Wood

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: Inside Parking, Outside

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Condo/Co-op/Association

  • Stories in Building: 1 - 2

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: R-3
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2020
  • Total Taxes: 5529.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Oct 3, 2022
Sold by
Aryan Investment Llc
Bought by
Mangat Properties Inc
Seller's Agent
Gary Frederick
XSELL Real Estate Company, LLC
Buyer's Agent
Jatinder Mangat
Mangat Realty Group Inc.
List Price
$160,900
Sold Price
$125,000
Premium/Discount to List
-$35,900
-22.31%
Views
13
Current Estimated Value
$221,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,022
Avg. Annual Appreciation
17.42%
Original Mortgage
$132,000
Outstanding Balance
$125,675
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$95,347

Purchase Details

Closed on
Mar 6, 2007
Sold by
Patel Bhupendra R and Patel Vidya B
Bought by
Aryan Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Mangat Properties Inc $165,000 Chicago Title
Aryan Investments Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangat Properties Inc $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Off Market $160,000 -- --
09/15/2022 09/15/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $160,000 -0.3% $29 / Sq Ft
09/01/2022 09/01/22 Price Changed $160,500 -0.2% $29 / Sq Ft
07/29/2022 07/29/22 For Sale $160,900 -- $29 / Sq Ft
Source: Metro MLS

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 $10,081 $202,400 $36,000 $166,400
2024 $10,165 $185,900 $36,000 $149,900
2023 $7,818 $171,000 $36,000 $135,000
2022 $4,683 $171,000 $36,000 $135,000
2021 $10,337 $149,000 $36,000 $113,000
2020 $5,529 $149,000 $36,000 $113,000
2019 $5,225 $142,000 $36,000 $106,000
2018 $4,294 $132,000 $9,200 $122,800
2017 $4,474 $132,000 $9,200 $122,800
2016 $6,153 $125,000 $9,200 $115,800
2015 $6,649 $125,000 $9,200 $115,800
2014 $6,649 $125,000 $9,200 $115,800
2013 $6,649 $130,000 $10,300 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1804917

Metro MLS

APN: 276-000002080000

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