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Pending
$250,000
/mo   Edit
MLS# 5495938
Multi-family
Built 1890
3,600 fin sqft
Central schools
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    Description:   4-plex home located on an oversized lot with great rental history. Property backs up to Norwood/Young America sports complex and near restaurants and local shops.
    List Price: $250,000
    Price/sq ft: $69
    Property Type: Multi-family
    Listing Status: Pending
    Contingency: None
    Property Style: Four Plex
    Year Built: 1890
    City: Norwood Young America
    County: Carver
    State: MN
    Zip Code: 55368

    Interior

    Fin Sq Ft / Living Area: 3,600 ft²
    Above Ground Living: 3,600 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Four
    Total Refrigerators: Four
    Basement Details: Full

    Exterior

    Heating System: Hot Water, Radiant
    Foundation Size: 1,800 ft²
    Shared Amenities: Porch, Coin-op Laundry Owned
    Road Frontage: City, Paved Streets, Curbs, Sidewalks, Street Lights
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 1
    Roof Details: Asphalt Shingles, Pitched, Age 8 Years or Less

    Lot

    Acres: 0.49
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium
    Latitude: 44.76791100
    Longitude: -93.93193100
    Lot Size Dim.: 105x175
    Zoning: Residential-Multi-Family

    Schools

    School District: 108 - Central
    District Phone: 952-467-7000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,575
    Annual Fuel Expense: $2,780
    Annual Insurance Expense: $3,100
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $21,700
    Total Annual Expenses: $21,700
    Annual Trash Expense: $650
    Annual Water/Sewer Expense: $2,330
    Owner Expenses: Taxes, Insurance, Water/Sewer, Electric, Maintenance/Repair, Trash, Snow, Lawn
    Tenant Expenses: Electric, Cable T.V., Broadband

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,210
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,316

    Income

    Annual Gross Income: 32800.00

    Rent

    Unit 1 Monthly Rent: $750
    Unit 2 Monthly Rent: $725
    Unit 3 Monthly Rent: $625
    Unit 4 Monthly Rent: $650

    Unit

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Jeff Zajac
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    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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