Sold: Baxter MLS# 6555367
Sold
$900,000 (list price)
$875,000
Commercial: Apartments
Built 2002
1.2 acres
Brainerd schools
MLS# 6555367
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Property Description
These well maintained 4-plexs are a great investment. Each unit features 2 bedrooms, full bath, open floorplan, washer/dryer hookup, vaulted ceiling and an attached garage. Most of the tenants have been longer term tenants which provide stability in your investment. Add this one to your portfolio today.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$900,000
Sold Price:
$875,000
Sold Date:
07/31/2024
Property Type:
Commercial
City:
Baxter
Garage Spaces:
8
County:
Crow Wing
Year Built:
2002
State:
MN
Property Style:
Apartments
Zip Code:
56425
Subdivision Name:
First Add Cypress Estates
Interior
Ceiling Height:
8-10
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Microwave
- Range
- Refrigerator
Basement Details:
Slab
Exterior
Stories:
One
Garage Spaces:
8
Other Parking Spaces:
8
Air Conditioning:
Wall Unit(s)
Foundation Size:
10,144 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
- Insulated Garage
Unit Amenities:
- Ceiling Fan(s)
- Main Floor Primary Bedroom
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Cul De Sac
- Paved Streets
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
1.2
Geolocation:
46.345712, -94.23609
Inclusions:
Building, Business, Leases
Lot Dimensions:
Irregular
Addl Parcels:
4008609
Zoning:
Residential-Multi-Family
Schools
School District:
181
District Phone:
218-454-6900
Expenses
Tenant Expenses:
Cable TV, Electricity, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$11,105
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$13,348
Income
Annual Gross Income:
$92,040
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Weichert REALTORS Tower Properties.
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.