For Sale: Breckenridge MLS# 6658160
Active
$136,900
Multi-family: Four Plex
Built 1888
2,980 sqft • 0.2 acres
Breckenridge schools
MLS# 6658160
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Property Description
Investment opportunity knocks! This four-plex meets the 1% rule, making it a great addition to any portfolio. Each unit is a one-bedroom, one-bath, with a four-stall detached garage. Currently managed by a rental property management company, all utilities (except electric) are included in rent. Rents are currently below market, and the new owner could boost revenue by charging for garage parking and utilities. The basement offers shared storage and potential for coin laundry. Donâ??t miss this value-add opportunity!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$136,900
Price per sq ft:
$46
Property Type:
Multi-family
City:
Breckenridge
Garage Spaces:
4
County:
Wilkin
Year Built:
1888
State:
MN
Property Style:
Four Plex
Zip Code:
56520
Subdivision Name:
City Breckenridge
Interior
Finished Area:
2,980 ft2
Living Area:
2,980 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Concrete
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
810 ft2
Foundation Size:
1,300 ft2
Handicap Accessible:
None
Heating System:
Boiler
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
Fiber Cement
Roof Details:
Asphalt
Rooms
Shared Rooms:
Sun Room
Lot & Land
Acres:
0.2
Geolocation:
46.26156, -96.588394
Lot Dimensions:
66 x 133
Schools
School District:
846
District Phone:
218-643-6822
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$360
Annual Fuel Expense:
$1,200
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
$1,135
Annual Gross Expense:
$9,119
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$360
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,540
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,540
Income
Annual Gross Income:
$15,252
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Central MN Realty LLC.
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.