For Sale: Hoffman MLS# 6604828
Active Contingent
$439,900
Multi-family: Four Plex
Built 1997
3,936 sqft • 0.56 acres
West Central Area schools
MLS# 6604828
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Property Description
Excellent investment opportunity! This fully occupied 4-unit property is a landlord's dream. Each unit offers 2 bedrooms, 1 bathroom, laundry, and an attached 1-stall garage. Located on a desirable corner lot, the property is a strong performer with current leases in place. The sellers have also done the work to split the units, offering you the option to sell them off individually in the future. Whether you're looking to build your portfolio or make your money work for you, this property is a smart move in today's real estate market!
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$439,900
Price per sq ft:
$112
Property Type:
Multi-family
City:
Hoffman
Garage Spaces:
4
County:
Grant
Year Built:
1997
State:
MN
Property Style:
Four Plex
Zip Code:
56339
Interior
Finished Area:
3,936 ft2
Living Area:
3,936 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
4
Garage Size:
1,392 ft2
Foundation Size:
984 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Attached Garage
- Concrete
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.56
Geolocation:
45.8321099426, -95.7901425334
Lot Dimensions:
182.8 x 53.98 x 180.65 x 70.19 x 151.09
Addl Parcels:
210008202, 201000823
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Corner Lot
Schools
School District:
2342
District Phone:
320-528-2650
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$1
Annual Fuel Expense:
$1
Annual Insurance Expense:
$1
Annual Maintenance Expense:
$1
Annual Gross Expense:
$1
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,272
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,272
Income
Annual Gross Income:
$1
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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 Central MN Realty LLC.
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.