For Sale: Northfield MLS# 6734433
Active
NEW!
$599,999
Multi-family: Four Plex
Built 1969
3,600 sqft • 0.68 acres
Northfield schools
MLS# 6734433
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Property Description
Great investment deal or owner-occupied house hack! 100% Occupied. Two of four units have been fully renovated, complete the other two to generate a higher return. Strong rental history and very low vacancy for this area! Right off of Northfield Golf Course.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$599,999
Price per sq ft:
$167
Property Type:
Multi-family
City:
Northfield
Garage Spaces:
5
County:
Rice
Year Built:
1969
State:
MN
Property Style:
Four Plex
Zip Code:
55057
Interior
Finished Area:
3,600 ft2
Living Area:
3,600 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
5
Garage Size:
1,656 ft2
Garage Door Height:
8
Garage Door Width:
10
Foundation Size:
1,800 ft2
Foundation Dimensions:
30 x 60
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Detached
- Gravel
- Guest Parking
- Unassigned
Shared Amenities:
- Deck
- Laundry
- Security Lighting
Road Frontage:
City Street
Exterior Material:
Fiber Cement
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.68
Geolocation:
44.448222, -93.140359
Lot Dimensions:
250 x 120
Zoning:
Residential-Multi-Family
Farm
Topography:
Level
Schools
School District:
659
District Phone:
507-663-0629
Expenses
Annual Caretaker Expense:
$1,700
Annual Electric Expense:
$2,200
Annual Fuel Expense:
$1,100
Annual Insurance Expense:
$5,800
Annual Maintenance Expense:
None
Annual Gross Expense:
$22,200
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,152
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,152
Income
Annual Gross Income:
$70,200
Misc. Annual Income:
$7,700
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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Listing provided by RMLS,
courtesy of Revival Commercial Real Estate.
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.