For Sale: Hibbing MLS# 7167131
Active
NEW!
$600,000
Multi-family: Fourplex
6 br • 4 ba • Built 1930
2,464 sqft • 0.096 acres
Hibbing schools
MLS# 7167131
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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
Listing Status:
Active
Contingency:
None
List Price:
$600,000
Price per sq ft:
$244
Property Type:
Multi-family
City:
Hibbing
Garage Spaces:
0
County:
St. Louis
Year Built:
1930
State:
MN
Property Style:
Fourplex
Zip Code:
55746
Subdivision Name:
Western Add To Hibbing
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
2,464 ft2
Living Area:
2,464 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Foundation Size:
1,232 ft2
Foundation Dimensions:
26.5x46.5
Handicap Accessible:
None
Heating System:
Hot Water
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.096
Geolocation:
47.425205, -92.94356
Lot Dimensions:
125 x 33
Zoning:
Residential-Multi-Family
Schools
School District:
701
District Phone:
2182634850
Expenses
Annual Caretaker Expense:
$1,100
Annual Electric Expense:
$5,460
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,800
Annual Maintenance Expense:
$1,400
Annual Trash Expense:
$1,464
Annual Water/Sewer Expense:
$2,544
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,556
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,556
Income
Annual Gross Income:
$38,400
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$22,032
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.