NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold September 20, 2018

Last sale price $129,900

6 Days on Market

About This Home

As of September 2018

Here's your CASH COW! Look at the actual rents with plenty of room to increase! 4 unit brick investment property with paying tenants, 3 units recently rehabbed and are in great condition. Newer rot iron porch! Turn key operation with tenants paying all utilities. This one is a no brainer!! Sold "As Is" but in great condition. Will net over 1500/month or 18,000 annually!! Call for Projected Profit Sheet.

Last Agent to Sell the Property

Lemire Schmeglar

New Millenium Properties License #471015169 Listed on: 07/15/2018

Last Buyer's Agent

Marcus Lumpkin

Coldwell Banker Realty License #475177885

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1890 | Remodeled in 2017

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 125

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Additional Features

  • Walk-Out Basement
  • Porch
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,860
  • Net Operating Income $26,469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,978

Year Built

Built in 1890 | Remodeled in 2017

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1890
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other

Fee Information

  • Other Expenses $: 5391

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 25 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 26469
  • GrossIncome: 31860
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 3978
  • Tax Year: 2016
  • Tax Exemptions: None
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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
09/20/2018 09/20/18 Sold $129,900 -7.1% --
07/21/2018 07/21/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $139,900 -- --
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 $2,532 $19,000 $878 $18,122
2024 $2,532 $19,000 $878 $18,122
2023 $2,468 $12,000 $1,464 $10,536
2022 $2,468 $12,000 $1,464 $10,536
2021 $2,413 $12,000 $1,464 $10,536
2020 $1,527 $6,855 $2,196 $4,659
2019 $1,565 $7,790 $2,196 $5,594
2018 $1,539 $7,790 $2,196 $5,594
2017 $3,979 $18,483 $1,903 $16,580
2016 $3,702 $18,483 $1,903 $16,580
2015 $3,387 $18,483 $1,903 $16,580
2014 $2,692 $14,507 $1,756 $12,751
2013 $2,738 $15,054 $1,756 $13,298
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 10018596

Midwest Real Estate Data (MRED)
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