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For Sale:  Brainerd MLS# 6594296

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Active
$975,000
/mo Edit
Commercial:  Duplex Side by Side
Built 1912
Brainerd schools
MLS# 6594296
763-576-8286
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    Property Description

    Great investment opportunity in the heart of Brainerd - 8 RENTAL UNITS! Includes 9 total PID's. There are 4 buildings, each building is a side by side unit. Each unit has 4 bedrooms, 1 bath and is 3 levels. Three of the units have been remodeled - appliances, flooring, bathroom and paint. The roof, gutters and front porches were replaced in 2022. There is also 6 full sized single stall garage spaces and another shed with a golf cart size garage door for storage. This property is in North Brainerd, just a block from Gregory Park, close to the hospital and conveniently located close to downtown Brainerd!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $975,000
    Property Type: Commercial
    City: Brainerd
    Garage Spaces: 6
    County: Crow Wing
    Year Built: 1912
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56401
    Subdivision Name: Grahams Sub

    Interior

    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer

    Exterior

    Stories: Three Or More
    Garage Spaces: 6
    Garage Dimensions: 22x60
    Garage Size: 1,320 ft2
    Other Parking Spaces: 6
    Air Conditioning: None
    Foundation Size: 4,352 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached
    Road Frontage: City Street
    Exterior Material: Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Architecural Shingle
    • Flat
    • Rubber

    Lot & Land

    Geolocation: 46.363107, -94.200062
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 150 x 150 x 150 x 150
    Addl Parcels: 41241615, 41241617
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 181
    District Phone: 218-454-6900

    Expenses

    Annual Insurance Expense: $5,400
    Annual Maintenance Expense: $1,200
    Annual Trash Expense: $1,620
    Tenant Expenses: Cable TV, Electricity, Gas, Sewer

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $12,404
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,404

    Income

    Annual Gross Income: $85,800

    Units

    Total Units: 8

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    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.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    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.