NOT LISTED FOR SALE
20 Beds
15 Baths
-- Sq Ft
0.25 Acres

Last Sold January 13, 2017

Last sale price $342,000

1 Day on Market

About This Home

As of January 2017

Great opportunity for to own a 5 unit income producing building. There are NOT many commercial buildings out there to buy, so here is your chance. Property offers 4 units that are 1 BEDROOMS and 1 unit with 2 BEDROOMS. This building is well maintained and condition shows pride of ownership. Newer vinyl windows and newer roof. Laundry facilities on site for some additional income and storage for each unit. Don't miss your chance to own this good property.

Last Agent to Sell the Property

Giovanni Arenella

Century 21 Circle License #475132432 Listed on: 09/22/2016

Century 21 Circle

Last Buyer's Agent

Gina Fortune-Harmon

BSH Holdings LLC License #471008979

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Additional Features

  • Partially Finished Basement

Community Details

  • Insurance Expense $1,157

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1962

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: Sewer-Storm Available, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2015
  • Net Oper Income: 27702
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 1800
  • Roof Coverings: Tar and Gravel
  • Roof Structure: Flat
  • Scavenger Expense: 1225
  • Total Annual Exp: 15003
  • Total Annual Income: 42600
  • Total Monthly Income: 3650
  • Number Of Stories: 2.5
  • Estimated Year Built: 1962
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1962

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.25
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Fire Protection: Smoke or Fire Protectors
  • Heatventilation: Central Bldg Heat
  • Water Expense: 1025

Condo/Co-op/Association

  • Units in Building: 5

Fee Information

  • Electricity Expense: 368
  • Electrical Service: Fuses

Lot Info

  • Lot Dimensions: 40 X 85
  • Lot Sq Ft: 3420
  • Parcel Identification Number: 15154030460000

Rental Info

  • Gross Rental Income: 3550
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2015
  • Insurance Expense: 1157
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 7300
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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
01/13/2017 01/13/17 Sold $342,000 -12.3% --
09/23/2016 09/23/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $389,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $10,728 $39,000 $2,052 $36,948
2024 $10,728 $39,000 $2,052 $36,948
2023 $9,785 $39,000 $2,052 $36,948
2022 $9,785 $29,412 $1,625 $27,787
2021 $9,427 $29,411 $1,624 $27,787
2020 $9,186 $29,411 $1,624 $27,787
2019 $9,487 $27,528 $1,453 $26,075
2018 $9,186 $27,528 $1,453 $26,075
2017 $9,063 $27,528 $1,453 $26,075
2016 $7,606 $21,851 $1,282 $20,569
2015 $7,509 $21,851 $1,282 $20,569
2014 $7,301 $21,851 $1,282 $20,569
2013 $6,388 $20,723 $1,282 $19,441
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09349217

Midwest Real Estate Data (MRED)