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Active
$195,000
/mo Edit
Commercial:  Apartments
Built 1900
0.34 acres
Breckenridge schools
MLS# 6685373
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    Property Description

    Excellent opportunity for your next investment property! 5-Plex with great income. Property features two 2 bedroom units, two 1 bedroom units, one efficiency unit, separate electrical meters for each unit, on-site laundry, basement storage and 4 garage spaces.

    Listing

    Contingency: None
    City: Breckenridge
    County: Wilkin
    State: MN
    Property Style: Apartments
    Zip Code: 56520
    Subdivision Name: City Breckenridge

    Interior

    Ranges: Five
    Refrigerators: Five
    Basement Details:
    • Full
    • Other

    Exterior

    Garage Spaces: 4
    Other Parking Spaces: 5
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,440 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Boiler
    Parking Features: Detached
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.34
    Geolocation: 46.2663234639, -96.5972751482
    Inclusions: Leases
    Lot Dimensions: 110 x 133
    Zoning: Residential-Multi-Family

    Schools

    School District: 846
    District Phone: 218-643-6822

    Expenses

    Annual Caretaker Expense: None
    Annual Fuel Expense: $2,093
    Annual Insurance Expense: $3,000
    Annual Trash Expense: $360
    Annual Water/Sewer Expense: $2,597
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,948
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,978

    Income

    Annual Gross Income: $33,660

    Rent

    Annual Net Income: $23,632

    Units

    Total Units: 5

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of RE/MAX Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.