$567,500
SOLD JUL 16, 2024
9 Beds
5 Baths
4,154 Sq Ft
1910 Built

Recently Sold

$137 Per Sq Ft

5% Below List Price

22 Days on Market

About This Home

As of July 2024

Large Brick "L" shaped "front-back" 4 Flat with bonus non-conforming 5th basement unit and 3 car garage on a 38 wide lot makes this an incredible money-making investors "DREAM"...with TONS OF UPSIDE! Front units are 2 beds/1 bath and have both been rehabbed and updated - with new kitchen/baths/floors/walls are below market rented in their current condition. Rear unit are "original" and need work/rehab to value add and maximize the buildings cash flow. Bonus basement non confirming garden in-law currently rents for $600 and offers additional upside rent potential. Massive 3 car Garage generates $225/mth currently. Separate HVAC gas forced air in each unit. Roof is less than 5 years old, windows are mostly older. Bldg sold AS IS

Last Agent to Sell the Property

Tom Moran

@properties Christie's International Real Estate License #475133339

@properties Christie's International Real Estate

Last Buyer's Agent

Tal Haimovitch

Dream Town Realty

Dream Town Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,931

Year Built

  • Built in 1910 | Remodeled in 2010

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 38x125

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,931

Year Built

Built in 1910 | Remodeled in 2010

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2010
  • Rebuilt Year: 2010
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2010

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Basement Description: Partially Finished,Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 599900
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 38X125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 10931
  • Tax Year: 2021

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Map

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 For Rent $2,000 0.0% --
10/08/2024 10/08/24 Off Market $2,000 -- --
07/16/2024 07/16/24 Sold $567,500 -5.4% $137 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $599,900 -- $144 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12029736

Midwest Real Estate Data (MRED)

APN: 16022210290000