For Sale: Hastings MLS# 6648043
Active Contingent
$550,000
Multi-family: Four Plex
Built 1955
4,656 sqft • 0.25 acres
Hastings schools
MLS# 6648043
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Property Description
Outstanding investment opportunity in this brick 4-plex in Hastings. 2 - 2 bedroom units and 2 - 1 bedroom units. 2 of the units are 2 stories, making this a very unique and in-demand property. Additional income is available with the attached, oversized, heated 2 car garage. Off-street parking is also available on this property. Book your showing to see this fantastic cash-flowing property right away.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$550,000
Price per sq ft:
$118
Property Type:
Multi-family
City:
Hastings
Garage Spaces:
2
County:
Dakota
Year Built:
1955
State:
MN
Property Style:
Four Plex
Zip Code:
55033
Subdivision Name:
Town Of Hastings
Interior
Finished Area:
4,656 ft2
Living Area:
4,656 ft2
Basement Details:
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Size:
700 ft2
Foundation Size:
2,328 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Attached Garage
- Open
Shared Amenities:
- Common Laundry
- Patio
Exterior Material:
Brick/Stone
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.25
Geolocation:
44.740553, -92.850242
Lot Dimensions:
140 x 66
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
200
District Phone:
651-480-7002
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,920
Annual Fuel Expense:
$1,056
Annual Insurance Expense:
$5,639
Annual Maintenance Expense:
None
Annual Gross Expense:
$10,011
Annual Trash Expense:
$555
Annual Water/Sewer Expense:
$840
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,342
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,342
Income
Annual Gross Income:
$54,600
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Pederson Realty Inc.
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.