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$495,900  (list price)
$450,000
/mo Edit
Multi-family:  Triplex
Built 1931
4,800 sqft0.21 acres
Stillwater schools
MLS# 6020545
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    Property Description

    Charming downtown Marine on St. Croix investment opportunity. 3 apartments and 3 commercial storefronts, 100% occupied. Apartment mix: (1) two bedroom, (1) one bedroom, (1) studio. Information was received from sources we believe to be credible but should be verified by Buyer.

    Listing

    Contingency: None
    Price per sq ft: $103
    City: Marine On Saint Croix
    County: Washington
    State: MN
    Property Style: Triplex
    Zip Code: 55047

    Interior

    Living Area: 4,800 ft2
    Above Ground Living: 4,800 ft2
    Basement Details:
    • Concrete
    • Crawl Space

    Exterior

    Garage Spaces: 0
    Heating System: Other
    Foundation Size: 4,100 ft2
    Handicap Accessible: None
    Exterior Material:
    • Brick/Stone
    • Wood Siding

    Lot

    Acres: 0.21
    Geolocation: 45.19889722, -92.76949412
    Lot Dimensions: 110 X 95
    Dev/Complex Name: Marine

    Schools

    School District: 834
    District Phone: 651-351-8301

    Expenses

    Annual Caretaker Expense: $3,150
    Annual Electric Expense: $10,335
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,650
    Annual Maintenance Expense: $14,000
    Annual Gross Expense: $38,715
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $7,677
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,680

    Income

    Annual Gross Income: $58,500

    Unit

    Total Units: 3

    Miscellaneous

    Fuel System: Other
    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

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Standard Commercial.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.