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For Sale:  Osakis MLS# 7135296

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Active NEW!
$189,000
/mo Edit
Multi-family:  Triplex
7 br • 3 ba • Built 1885
2,400 sqft • 0.12 acres
Osakis schools
MLS# 7135296
763-576-8286
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    Property Description

    This Affordable 3-unit Building in Osakis has a solid positive Cash Flow history. This is the only building on the main streets of Osakis that currently allows for an apartment unit to occupy the main floor. There is a huge attached 30' x 40' garage attached to the main floor unit through the laundry room. This investment property is perfect for an addition to your current portfolio, or for the new "First Time" investor. The 2-story portion of the building's roof has been replaced.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $189,000
    Price per sq ft: $79
    Property Type: Multi-family
    City: Osakis
    Garage Spaces: 2
    County: Douglas
    Year Built: 1885
    State: MN
    Property Style: Triplex
    Zip Code: 56360
    Subdivision Name: Original Osakis

    Interior

    Bedrooms: 7
    Bathrooms: 3
    Finished Area: 2,400 ft2
    Living Area: 2,400 ft2
    Refrigerators: One Per Unit
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 30x40
    Garage Size: 1,200 ft2
    Foundation Size: 3,850 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Gravel
    • More Parking Onsite for Fee
    • On-Street Parking Only
    • Open
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material:
    • Block
    • Brick
    • Concrete
    • Frame
    • Steel Siding
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years

    Rooms

    Laundry: Other

    Lake & Waterfront

    Waterfront Present: N
    Waterfront: Lake View

    Lot & Land

    Acres: 0.12
    Geolocation: 45.868371, -95.153165
    Lot Dimensions: 37 x 141 x 38 x 150
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 213
    District Phone: 3208592191

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,900
    Annual Fuel Expense: $3,408
    Annual Insurance Expense: $2,760
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,700

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,549
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,506

    Income

    Annual Gross Income: $34,800

    Rent

    Annual Net Income: $19,032

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    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 Century 21 First Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.