NOT LISTED FOR SALE
12 Beds
7 Baths
4,672 Sq Ft
4,792 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $675,000 $144 Per Sq Ft

62 Days on Market

Highlights

  • Property is near public transit and schools
  • Shops
  • Carpet

About This Home

As of October 2022

Investors add this one to your portfolio for great cash flow potential. Fully rented 7 units in a nice location. 6 of the 7 units have all separate utilities, lead free certs and long term tenants. Roof is less than 10 years old, there's private parking for up to 7 cars. All kitchens and bathrooms have been updated with coin operated laundry room it makes this property a turn key investment. rents for unit 6 is 675 and unit 7 is 900.

Last Agent to Sell the Property

Danielle Soares

Affordable Real Estate, Inc. Listed on: 07/11/2022

Last Buyer's Agent

Alisia Simpkins

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,312

Year Built

  • Built in 1925

Lot Details

  • 4,574

Home Design

  • 4,672 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Full Bathrooms

Finished Basement

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

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • 6 Heating Zones
  • Gas Water Heater

Additional Features

  • 4,574 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $5,750
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:0J19 B:0000 L:0049,2829504

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $2,500
  • Insurance Expense $3,800
  • Water Sewer Expense $3,500
  • Operating Expense $10,378
  • Net Operating Income $37,622

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,312

Year Built

Built in 1925

Lot Details

4,574 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1925
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Vinyl,Carpet,Varies Per Unit
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 12
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full, Finished, Walk-Out Access
  • Living Area: 4672
  • Stories Total: 11
  • MAIN LO: FR0013
  • MAIN SO: AN4421

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 3500

Lot Info

  • Parcel Number: M:0J19 B:0000 L:0049,2829504
  • Zoning: A-3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4574
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4312

Multi Family

  • Electric Expense: 2500
  • Insurance Expense: 3800
  • Net Operating Income: 37622
  • Number Of Units Total: 7
  • Operating Expense: 10378
  • Total Actual Rent: 5750
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/31/2022 10/31/22 Sold $675,000 -3.6% $144 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/31/2022 08/31/22 Price Changed $699,900 -3.5% $150 / Sq Ft
08/12/2022 08/12/22 Price Changed $725,000 -4.6% $155 / Sq Ft
07/11/2022 07/11/22 For Sale $759,900 -- $163 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,513 $656,200 $106,900 $549,300
2024 $6,747 $587,200 $103,000 $484,200
2023 $4,883 $398,000 $85,100 $312,900
2022 $3,984 $341,700 $81,000 $260,700
2021 $3,984 $288,100 $77,100 $211,000
2020 $3,962 $274,200 $76,000 $198,200
2019 $3,644 $249,900 $73,200 $176,700
2018 $3,548 $242,700 $79,200 $163,500
2017 $3,346 $239,000 $75,500 $163,500
2016 $3,237 $237,500 $80,400 $157,100
2015 $3,154 $241,100 $80,400 $160,700
2014 $3,146 $250,100 $78,000 $172,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73009905

MLS Property Information Network (MLS PIN)
Your Personal Tour Guide

Ask me questions while you tour the home.