For Sale: Breckenridge MLS# 6685373
Active
$195,000
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
Listing Status:
Active
Contingency:
None
List Price:
$195,000
Property Type:
Commercial
City:
Breckenridge
Garage Spaces:
4
County:
Wilkin
Year Built:
1900
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:
2025
Annual Taxes:
$2,552
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,552
Income
Annual Gross Income:
$37,320
Rent
Annual Net Income:
$26,718
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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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.