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For Sale:  Milaca MLS# 7025316

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Active NEW!
$249,000
/mo Edit
Multi-family:  Four Plex
4 br • 4 ba • Built 1950
1,730 sqft • 0.115 acres
MLS# 7025316
763-576-8286
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    Property Description

    Well-maintained 4-plex located in the heart of Milaca offering a strong investment opportunity with solid rental history and long-term potential. This property features four spacious units with comfortable layouts, bright living areas, and functional kitchens with ample cabinet space. Each unit has private entrances and off-street parking for tenants. The building has been well cared for and offers consistent income in a stable rental market. Conveniently located near local shops, schools, parks, and with easy access to major highways for commuting to Cambridge, Princeton, or St. Cloud. Whether you’re expanding your portfolio or just getting started in multifamily investing, this Milaca 4-plex is a smart addition.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $249,000
    Price per sq ft: $144
    Property Type: Multi-family
    City: Milaca
    Garage Spaces: 2
    County: Mille Lacs
    Year Built: 1950
    State: MN
    Property Style: Four Plex
    Zip Code: 56353
    Subdivision Name: Third Add To Milaca

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 1,730 ft2
    Living Area: 1,730 ft2
    Refrigerators: Four
    Basement Details: Partially Finished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 29x35
    Garage Size: 1,015 ft2
    Foundation Size: 968 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Detached Garage
    • On-Street Parking Only
    Exterior Material: Other
    Roof Details: Age Over 8 Years

    Rooms

    Laundry: Common Area

    Lot & Land

    Acres: 0.115
    Geolocation: 45.754268, -93.64966
    Lot Dimensions: 38 x 132
    Zoning: Other
    Lot Description: Irregular Lot

    Schools

    School District: 2335
    District Phone: 3209827210

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,348
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,348

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Electric
    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 10K Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.