For Sale: Aitkin MLS# 6572281
Active
$419,900
Multi-family: Four Plex
Built 1936
4,400 sqft • 2.28 acres
Aitkin schools
MLS# 6572281
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Property Description
This 4-Plex property, situated 10 miles south of Aitkin, presents a valuable real estate opportunity. The building comprises three main floor units and one upper unit, each accompanied by its own garage stall, set within a spacious parking area. With two units featuring three bedrooms, one unit with two bedrooms, and a one-bedroom unit the property offers versatility for potential renters. Nestled on over two acres of gently wooded land, it provides a serene living environment. Property has a newer drilled well, many updates in each unit. Close to lakes, trails and restaurants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$419,900
Price per sq ft:
$95
Property Type:
Multi-family
City:
Aitkin
Garage Spaces:
5
County:
Aitkin
Year Built:
1936
State:
MN
Property Style:
Four Plex
Zip Code:
56431
Interior
Finished Area:
4,400 ft2
Living Area:
4,400 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Crawl Space
- Drainage System
- Sump Pump
Exterior
Stories:
One and One Half
Garage Spaces:
5
Garage Dimensions:
30 x 60
Garage Size:
1,800 ft2
Foundation Size:
3,200 ft2
Foundation Dimensions:
40 x 80
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Gravel
Road Frontage:
- County Road
- Highway
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Rubber
Lot & Land
Acres:
2.28
Geolocation:
46.403037, -93.74977
Lot Dimensions:
250 x 360
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
8001
District Phone:
218-927-2115
Expenses
Annual Caretaker Expense:
$3,600
Annual Electric Expense:
$1,177
Annual Insurance Expense:
$3,010
Annual Maintenance Expense:
$2,200
Annual Gross Expense:
$5,800
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,096
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,096
Income
Annual Gross Income:
$35,400
Units
Total Units:
4
Miscellaneous
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Mound Septic
Water System:
- Drilled
- Well
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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.
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!
Listing provided by RMLS,
courtesy of Cummings Janzen Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.