My notes for this property


Add listing to my favorites (required)
Active
$199,000
/mo Edit
Multi-family:  Apartments
Built 1950
2,400 sqft • 0.03 acres
Bertha-Hewitt schools
MLS# 6562353
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Investment Opportunity!! Beautiful, well maintained apartment building! This 3-unit apartment building would be great for long- or short-term rentals. Or you can live in the newly remodeled 1200 sq ft lower unit and rent out the 2 upper units for additional income. New roof in 2021. New flooring throughout. Each unit has a refrigerator and range. Central air and natural gas furnace. Call to schedule a showing today!

    Listing

    Contingency: None
    Price per sq ft: $83
    City: Eagle Bend
    County: Todd
    State: MN
    Property Style: Apartments
    Zip Code: 56446
    Subdivision Name: Bonds First Add

    Interior

    Living Area: 2,400 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: None

    Exterior

    Stories: Two
    Foundation Size: 1,200 ft2
    Foundation Dimensions: 30x40
    Fencing: None
    Handicap Accessible: Grab Bars In Bathroom, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details:
    • Age 8 Years or Less
    • Metal

    Lot & Land

    Acres: 0.03
    Geolocation: 46.165227, -95.036591
    Lot Dimensions: 30 x 40 x 30 x 40
    Zoning: Residential-Multi-Family
    Lot Description: Sod Included in Price

    Farm

    Topography: Level

    Schools

    School District: 786
    District Phone: 218-924-2500

    Expenses

    Annual Electric Expense: $1,800
    Annual Fuel Expense: $1,200
    Annual Insurance Expense: $1,320
    Annual Maintenance Expense: $1,200
    Annual Gross Expense: $8,316
    Annual Trash Expense: $468
    Annual Water/Sewer Expense: $1,128

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $792
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $792

    Income

    Annual Gross Income: $25,200

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Counselor Realty Brainerd Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.