For Sale: Cloquet MLS# 6256415
Active
$329,900
Multi-family: Apartments
Built 1920
3,464 sqft • 0.44 acres
Cloquet schools
MLS# 6256415
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Description: You do not want to miss this rare investment opportunity!! With 5 spacious units, the possibilities are endless! Enjoy two 2 bedroom units and three 3 bedroom units, all of which showcase great natural light! Many of the units have been rented with long term tenants. The huge driveway offers plenty of parking with 6+ spots and room for more if needed. This location could not be better, you are walking distance to Common Ground Coffee Bar & Deli, Crowned Salon and 3 blocks to Pinehurst Park or a short drive to anything else you may need! Enjoy a private feel with this awesome 5-Plex on the hill.
List Price:
$329,900
Price per sqft:
$95
Property Type:
Multi-family
Listing Status:
Active
Contingency:
None
Property Style:
Apartments
Year Built:
1920
City:
Cloquet
County:
Carlton
State:
MN
Zip Code:
55720
Interior
Fin Sq Ft / Living Area:
3,464 sqft
Above Ground Living:
3,464 sqft
Total Ranges:
Five
Total Refrigerators:
Five
Basement Details:
Full, Concrete
Exterior
Heating System:
Baseboard, Boiler, Hot Water
Foundation Size:
2,250 sqft
Road Frontage:
City Street, Paved Streets, Street Lights, Storm Sewer
Handicap Accessible:
None
Exterior Material:
Vinyl Siding
Garage Spaces:
0
Roof Details:
Asphalt
Lot
Acres:
0.44
Lot Description:
Corner Lot, Tree Coverage - Light
Latitude:
46.72124367
Longitude:
-92.46408159
Lot Size Dim.:
120x160
Zoning:
Residential-Multi-Family
Schools
School District:
94
District Phone:
218-879-6721
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$4,368
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$7,848
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,480
Tenant Expenses:
Electricity, Trash Collection
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$4,600
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,855
Income
Annual Gross Income:
$44,700
Unit
Total Units:
4
Miscellaneous
Fuel System:
Electric, Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Jeff
Zajac
Trustone
Justin
Larson
Movement
Jeff Zajac
Area Sales Manager
Trustone Home Mortgage
NMLS#373627
Jeff Zajac joined the Trustone Home Mortgage 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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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
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.