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Active NEW!
$600,000
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1920
2,016 sqft • 0.114 acres
Hibbing schools
MLS# 7167075
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    Property Description

    The Asking Price Includes the Following Properties as a Bundle: 2518 4th Ave W, 3016 2nd Ave E, 2211 2nd Ave E, 1607 3rd Ave E. (Duplex) and 2147 2nd Ave W (Fourplex), all in Hibbing. The following properties are located in Chisholm, MN:219 3rd St NW and 217 2nd St NW. This is a Remarkable Price as a Bulk Purchase!! All Units are Currently Rented With Great Rental History!!

    Listing

    Contingency: None
    Price per sq ft: $298
    City: Hibbing
    County: St. Louis
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55746
    Subdivision Name: Park Add To Hibbing

    Interior

    Living Area: 2,016 ft2
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 624 ft2
    Foundation Size: 1,063 ft2
    Foundation Dimensions: 26x36
    Handicap Accessible: None
    Heating System: Hot Water

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.114
    Geolocation: 47.431748, -92.939782
    Lot Dimensions: 125 x 40
    Zoning: Residential-Multi-Family

    Schools

    School District: 701
    District Phone: 2182634850

    Expenses

    Annual Caretaker Expense: $550
    Annual Electric Expense: $768
    Annual Fuel Expense: $2,328
    Annual Insurance Expense: $2,400
    Annual Maintenance Expense: $200
    Annual Trash Expense: $336
    Annual Water/Sewer Expense: $1,732

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,268
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,268

    Income

    Annual Gross Income: $23,400

    Rent

    Annual Net Income: $14,836

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    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!

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