NOT LISTED FOR SALE
12 Beds
6 Baths
5,640 Sq Ft
5,500 Sq Ft Lot

Last Sold January 25, 2024

Last sale price $925,000 $164 Per Sq Ft

8 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Corner Lot
  • Deck
  • Wood Flooring
  • 4-minute walk to University Park

About This Home

As of January 2024

INVESTORS Nice opportunity to own this fully rented 6 units building,Turn-Key, Many updates with in the last 10 years include Roof, Front and Back Porches,Baths Electrical circuit breakers 100 amps all updated separate utilities, with Owners panel .Gas heating Ect. All apartments feature 2 good size bedrooms with beautiful hardwoods & natural woodwork though-out and washer dryer hook-ups. Lead certificate for common arena and one 1ft floor unit Also an Additional unfinished walk-out lower level [ used to be a store front years ago] currently be used as storage.possibilities of a 7 unit. Low maintenance fence in yard Great for hands -off investor Can also be Packaged with list no 73169359 bringing the total number of units to 10 Minutes to Clark university and all major Rts

Last Agent to Sell the Property

Glenn Damato

Media Realty Group Inc. Listed on: 10/12/2023

Media Realty Group Inc.

Last Buyer's Agent

Shirin KokoBaeva

Leverage Real Estate, LLC

Leverage Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,452

Year Built

  • Built in 1910

Lot Details

  • 5,500 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • 5,640 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Additional Features

  • Washer and Dryer Hookup
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,880
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Electric Expense $260
  • Insurance Expense $4,400
  • Water Sewer Expense $2,600
  • Operating Expense $7,260
  • Net Operating Income $63,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,452

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 4(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 5640
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN5481
  • MAIN SO: AN6070

Exterior Features

  • Exterior Features: Porch,Deck - Wood,Deck - Composite,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2600

Lot Info

  • Zoning: Rg5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5500
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8452

Multi Family

  • Electric Expense: 260
  • Insurance Expense: 4400
  • Net Operating Income: 63400
  • Number Of Units Total: 6
  • Operating Expense: 7260
  • Total Actual Rent: 5880
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

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
01/25/2024 01/25/24 Sold $925,000 -2.6% $164 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $949,900 -- $168 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $8,570 $649,700 $77,200 $572,500
2024 $7,718 $561,300 $77,200 $484,100
2023 $8,452 $589,400 $42,100 $547,300
2022 $7,844 $515,700 $33,600 $482,100
2021 $6,561 $403,000 $14,100 $388,900
2020 $5,421 $318,900 $14,100 $304,800
2019 $5,467 $303,700 $13,500 $290,200
2018 $5,588 $295,500 $13,500 $282,000
2017 $5,828 $303,200 $13,500 $289,700
2016 $6,072 $294,600 $43,200 $251,400
2015 $5,736 $285,800 $34,400 $251,400
2014 $5,585 $285,800 $34,400 $251,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73169452

MLS Property Information Network (MLS PIN)