For Sale: Breckenridge MLS# 6589689
Active
$299,900
Multi-family: Triplex
Built 1926
2,605 sqft • 0.14 acres
Breckenridge schools
MLS# 6589689
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Property Description
Investors, opportunity knocks!
Check out this income producing triplex in Breckenridge near the High School & Middle School!
Unit 1 has recently been remodeled and offers 5 bedrooms and 2 baths spread over two floors. Beautiful, modern flooring throughout. This one used to be two separate units, but were recently combined to accommodate a larger number of tenants.
Unit 3 has a main floor layout featuring 1 bedroom, 1 bathroom, perfect for many tenants. This one has also been updated to appeal to those with modern taste.
Unit 4 has been partially renovated, leaving some value-add opportunity to the handy landlord. Finish this one off to maximize profits.
Other areas to increase revenue include adding coin operated laundry, building a garage to increase rents, storage and more!
These units have separate electric meters. Natural gas boiler hot water heat. Natural gas water heater. Washer & dryer included. Pedestal sump pump. Metal storage shed.
Don't miss your chance to check this one out!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,900
Price per sq ft:
$115
Property Type:
Multi-family
City:
Breckenridge
County:
Wilkin
Year Built:
1926
State:
MN
Property Style:
Triplex
Zip Code:
56520
Subdivision Name:
City Breckenridge
Interior
Finished Area:
2,605 ft2
Living Area:
2,605 ft2
Refrigerators:
Two
Basement Details:
Full
Exterior
Stories:
One and One Half
Foundation Size:
1,264 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Hot Water
Parking Features:
Gravel
Shared Amenities:
Common Laundry
Road Frontage:
City Street
Exterior Material:
- Fiber Cement
- Wood Siding
Roof Details:
- Architectural Shingle
- Asphalt
Lot & Land
Acres:
0.14
Geolocation:
46.265623, -96.578946
Lot Dimensions:
44' x 133'
Zoning:
Residential-Multi-Family
Schools
School District:
846
District Phone:
218-643-6822
Expenses
Annual Caretaker Expense:
$4,080
Annual Electric Expense:
$2,133
Annual Fuel Expense:
$1,560
Annual Insurance Expense:
$2,532
Annual Maintenance Expense:
$1,020
Annual Gross Expense:
$17,512
Annual Trash Expense:
$720
Annual Water/Sewer Expense:
$1,051
Tenant Expenses:
Cable TV, Electricity, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,356
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,386
Income
Annual Gross Income:
$40,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Haaby Real Estate.
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.