Call Us Contact

My notes for this property

Add listing to my favorites (required)
/mo   Edit
Commercial:  Apartments
Built 1900
0.24 acres
Crosby-Ironton schools
MLS# 5754361
My rating:
Request a Showing:
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Thank You!

    An agent will be in contact with you soon to answer your question.

    Description:   Excellent opportunity to own rental property in the fast growing and popular area of Crosby. Bring the bikes! This 6 unit apartment building has 4-two bedroom and 2-one bedroom apartments. Two of the apartments have a screened-in porch. Many updates to this property! New flooring, paint, appliances, asphalt parking spaces, concrete sidewalk, entrance and more! Each apartment has its own electric meter. There is an owner owned coin-operated laundry. Located in quiet neighborhood just blocks from downtown Crosby and an easy ride to the trails!
    List Price: $479,900
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Apartments
    Year Built: 1900
    City: Crosby
    County: Crow Wing
    State: MN
    Zip Code: 56441


    Building Fin Sq Ft: 3,600 sqft
    Total Ranges: Six or More
    Total Refrigerators: Six or More
    Basement Details: Full, Finished


    Heating System: Baseboard
    Foundation Size: 1,500 sqft
    Road Frontage: City Street, Paved Streets
    Handicap Accessible: None
    Exterior Material: Wood Siding, Vinyl Siding, Block
    Garage Spaces: 0
    Other Parking Spaces: 6
    Roof Details: Pitched, Age Over 8 Years


    Acres: 0.24
    Latitude: 46.48178876
    Longitude: -93.96257138
    Lot Size Dim.: 117x125x117x125
    Dev/Complex Name: Central Add 2 Crosby
    Zoning: Residential-Multi-Family


    School District: 182
    District Phone: 218-545-8801


    Annual Caretaker Expense: $1,500
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,200
    Annual Maintenance Expense: $250
    Annual Gross Expense: $13,332
    Annual Trash Expense: $1,512
    Annual Water/Sewer Expense: $4,800

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $2,688
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,688


    Annual Gross Income: $53,100


    Total Rooms in Unit 1: 2
    Total Rooms in Unit 2: 4
    Total Rooms in Unit 3: 0
    Total Units: 6
    Number of Efficiencies: 0


    Current Use: Residential
    Fuel System: Natural Gas, Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Heating Common, Electric Separate, Electric Common, Hot Water Separate, Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.


    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  


    Listing provided by RMLS, courtesy of Advantage Point Realty.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.