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Active
$149,000
/mo Edit
Multi-family:  Apartments
Built 1920
4,000 sqft • 0.07 acres
Hibbing schools
MLS# 6805095
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    Property Description

    What an opportunity to have your own retail/office or even converting this space for a 4th apartment combined with three 1 bedroomapartments, off street parking. Why rent when you can own and produce income. Tenants may be present during showing.

    Listing

    Contingency: None
    Price per sq ft: $37
    City: Hibbing
    County: St. Louis
    State: MN
    Property Style: Apartments
    Zip Code: 55746
    Subdivision Name: Fairview

    Interior

    Living Area: 4,000 ft2
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,000 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features: Gravel
    Exterior Material: Vinyl Siding
    Roof Details:
    • Flat
    • Metal
    • Rubber

    Lot & Land

    Acres: 0.07
    Geolocation: 47.422897, -92.941369
    Lot Dimensions: 25 x 125

    Schools

    School District: 701
    District Phone: 218-263-4850

    Expenses

    Annual Caretaker Expense: $2,160
    Annual Electric Expense: $3,188
    Annual Fuel Expense: $2,475
    Annual Insurance Expense: None
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $12,169
    Annual Trash Expense: $1,123
    Annual Water/Sewer Expense: $3,401

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,002
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,726

    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

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    Payment:  /mo

    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.