For Sale: Winthrop MLS# 6484045
Active
$265,000
Multi-family: Four Plex
Built 1885
3,376 sqft•0.24 acres
G.F.W. schools
MLS# 6484045
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome to this incredible investment opportunity! Desirably located downtown, this 4 unit property lies on an oversized lot AND has a large, off street gravel parking lot for its tenants. All four units are fully rented out and generating income. Both apartments on the main level consist of two bedrooms, full bathroom, kitchen and spacious living rooms, back apartment also has an additional office. Upstairs, you will find unit 3 has one bedroom, spacious living room and kitchen, office space, and full bathroom. Unit 4 has two bedrooms, full bathroom, living room and kitchen! Updated siding(2018) and roof(2017)! Schedule your private showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$265,000
Price per sq ft:
$78
Property Type:
Multi-family
City:
Winthrop
Garage Spaces:
0
County:
Sibley
Year Built:
1885
State:
MN
Property Style:
Four Plex
Zip Code:
55396
Subdivision Name:
Frankenfields Add
Interior
Finished Area:
3,376 ft2
Living Area:
3,376 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Stone/Rock
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,340 ft2
Foundation Dimensions:
32x34
Handicap Accessible:
Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
- Radiant Floor
- Radiator(s)
Parking Features:
Gravel
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.24
Geolocation:
44.541693, -94.362586
Lot Dimensions:
75 x 142
Zoning:
Residential-Multi-Family
Schools
School District:
2365
District Phone:
507-834-9813
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$4,722
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,363
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,641
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,889
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,970
Income
Annual Gross Income:
$27,900
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of True Real Estate.
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.