Opportunity knocks with this spacious 4 unit building which covers a massive corner lot! The building offers tons of character along with potential for a buyer who has vision! Each unit is very large, 2 bedrooms pe runit, very spacious octagon living room in each unit, hardwood floors throughout, decorative fireplaces, finished basement which was being used as a 5th unit, 2 car garage - This is the perfect building for long term cash flow! Rehab and rent while equity grows, live in one unit rent the others out, any way you play this it is a win win at this value!
Multi-familyProperty Type
1927Year Built
4,628 sq ftLot Size
$57Est. Price/Sq.Ft.
Listed by Ryan Smith• RE/MAX Properties
Bought with Angel Morales• Greenside Realty LLC
Source:MRED as Distributed by MLS Grid #10361692
Redfin Estimate
$354,399
$99K since sold in May 2022$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 50.6% higher than the average sale price ($235K) of 6 comparable homes.
Opportunity knocks with this spacious 4 unit building which covers a massive corner lot! The building offers tons of character along with potential for a buyer who has vision! Each unit is very large, 2 bedrooms pe runit, very spacious octagon living room in each unit, hardwood floors throughout, decorative fireplaces, finished basement which was being used as a 5th unit, 2 car garage - This is the perfect building for long term cash flow! Rehab and rent while equity grows, live in one unit rent the others out, any way you play this it is a win win at this value!
MRED as Distributed by MLS Grid #10257382
Jun 15, 2019
Listing Removed
—
Apr 8, 2019
Listing Removed
—
Public Records
Sep 1, 1987
Sold
$67,500
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$1,582 (+2.6%)
$1,388 + $29,612
$31,000
2022
$1,542 (+2.3%)
$3,008 + $4,491
$7,499
2021
$1,508 (−29.0%)
$3,008 + $4,491
$7,499
2020
$2,125 (−2.4%)
$3,471 + $6,069
$9,540
2019
$2,178 (+1.7%)
$3,471 + $7,370
$10,841
2018
$2,141 (−67.6%)
$3,471 + $7,370
$10,841
2017
$6,600 (+7.5%)
$3,008 + $27,652
$30,660
2016
$6,141 (+9.3%)
$3,008 + $27,652
$30,660
2015
$5,618 (+43.7%)
$3,008 + $27,652
$30,660
2014
$3,910 (+2.0%)
$2,776 + $18,300
$21,076
2013
$3,833 (+1.3%)
$2,776 + $18,300
$21,076
2012
$3,782 (+8.7%)
$2,776 + $18,300
$21,076
2011
$3,480 (−0.4%)
$3,702 + $17,774
$21,476
2010
$3,495 (−9.8%)
$3,702 + $17,774
$21,476
2009
$3,875 (+20.1%)
$3,702 + $21,148
$24,850
2008
$3,227 (+1.0%)
$3,517 + $18,978
$22,495
2007
$3,195
$3,517 + $18,978
$22,495
Tax history for 1020 W 68th St
Year
Property tax
Land + Additions
Assessment*
2023
$1,582 (+2.6%)
$1,388 + $29,612
$31,000
2022
$1,542 (+2.3%)
$3,008 + $4,491
$7,499
2021
$1,508 (−29.0%)
$3,008 + $4,491
$7,499
2020
$2,125 (−2.4%)
$3,471 + $6,069
$9,540
2019
$2,178 (+1.7%)
$3,471 + $7,370
$10,841
2018
$2,141 (−67.6%)
$3,471 + $7,370
$10,841
2017
$6,600 (+7.5%)
$3,008 + $27,652
$30,660
2016
$6,141 (+9.3%)
$3,008 + $27,652
$30,660
2015
$5,618 (+43.7%)
$3,008 + $27,652
$30,660
2014
$3,910 (+2.0%)
$2,776 + $18,300
$21,076
2013
$3,833 (+1.3%)
$2,776 + $18,300
$21,076
2012
$3,782 (+8.7%)
$2,776 + $18,300
$21,076
2011
$3,480 (−0.4%)
$3,702 + $17,774
$21,476
2010
$3,495 (−9.8%)
$3,702 + $17,774
$21,476
2009
$3,875 (+20.1%)
$3,702 + $21,148
$24,850
2008
$3,227 (+1.0%)
$3,517 + $18,978
$22,495
2007
$3,195
$3,517 + $18,978
$22,495
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.