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Active Contingent
$425,000
/mo Edit
Multi-family:  Triplex
Built 1964
2,962 sqft • 0.32 acres
River Falls schools
MLS# 6619079
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    Property Description

    One-owner triplex (builder owned) located in Falcon Heights on the east side of River Falls. In very good condition, well maintained and solid rental history. Walking distance to schools, UWRF and downtown makes for a great investment.

    Listing

    Contingency: Without Bump Clause (WI Only)
    Price per sq ft: $143
    City: River Falls
    County: Pierce
    State: WI
    Property Style: Triplex
    Zip Code: 54022
    Subdivision Name: Falcon Heights 2nd Add

    Interior

    Living Area: 2,962 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Crawl Space
    • Egress Window(s)
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 24 x 25
    Garage Size: 600 ft2
    Foundation Size: 1,184 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Concrete
    Road Frontage: City Street
    Exterior Material: Aluminum Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.32
    Geolocation: 44.85782, -92.615664
    Lot Dimensions: 94 x 142 x 88 x 174
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 4893
    District Phone: 715-425-1800

    Expenses

    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: $2,000
    Annual Gross Expense: $9,770
    Annual Water/Sewer Expense: $954

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,016
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,016

    Income

    Annual Gross Income: $258,700

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

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    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!

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