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Active
$450,000
/mo Edit
Commercial:  Apartments
Built 1976
Thief River Falls schools
MLS# 6555827
My rating:
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    Property Description

    10 plex apartment building for sale. (1) 2 bedroom and (9) 1 bedroom, all with 1 full bath.

    Listing

    Contingency: None
    City: Thief River Falls
    County: Pennington
    State: MN
    Property Style: Apartments
    Zip Code: 56701
    Subdivision Name: Aasebys Second Sub

    Interior

    Ranges: Six or More
    Refrigerators: Six or More
    Appliances Included:
    • Electric Water Heater
    • Range
    • Refrigerator
    Basement Details: Crawl Space

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Other Parking Spaces: 20
    Air Conditioning: None
    Foundation Size: 4,328 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features: Gravel
    Shared Amenities: None
    Road Frontage: Township
    Exterior Material:
    • Fiber Board
    • Vinyl Siding
    Roof Details: Architectural Shingle

    Lot & Land

    Geolocation: 48.0981602821, -96.1443162715
    Inclusions: Building, Land
    Lot Dimensions: 200X219
    Zoning: Residential-Multi-Family
    Lot Description: Additional Land Available

    Farm

    Topography: Level

    Schools

    School District: 564
    District Phone: 218-681-8711

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $10,968
    Annual Fuel Expense: None
    Annual Insurance Expense: $8,371
    Annual Maintenance Expense: None
    Annual Gross Expense: $29,900
    Annual Trash Expense: $3,013
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,585
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,585

    Income

    Annual Gross Income: $78,000

    Rent

    Annual Net Income: $48,100

    Units

    Total Units: 10

    Miscellaneous

    Current Use: Residential
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: Mound Septic
    Available Utilities: Electric Separate
    Water System:
    • Drilled
    • Shared System
    • Well

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Better Homes and Gardens Real Estate First Choice.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.