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$285,000  (list price)
$269,000
/mo Edit
Multi-family:  Triplex
Built 1906
2,441 sqft0.16 acres
Grand Rapids schools
MLS# 6451934
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    Property Description

    Super well maintained and updated triplex in NW Grand Rapids. Use the property as an owner occupant, multigenerational home or as a great investment. Updates in the last couple of years include new windows, roof, flooring and kitchen updates. The upper unit has 2BR's and a full bath, the main floor has 2BR's and a full bath and the basement unit is a 1BR with a 3/4 bath. The exterior is in great shape and there is ample off street parking. This is a hard to find property type so come take a look today.

    Listing

    Contingency: None
    Price per sq ft: $117
    City: Grand Rapids
    County: Itasca
    State: MN
    Property Style: Triplex
    Zip Code: 55744
    Subdivision Name: Houghtons Second Add To Gr

    Interior

    Living Area: 2,441 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 914 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Hot Water
    Parking Features:
    • Gravel
    • Unassigned
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.16
    Geolocation: 47.240667, -93.54279
    Lot Dimensions: 50 x 140
    Zoning: Residential-Multi-Family

    Farm

    Topography: Level

    Schools

    School District: 318
    District Phone: 218-327-5704

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,797
    Annual Fuel Expense: $1,752
    Annual Insurance Expense: $1,688
    Annual Maintenance Expense: None
    Annual Gross Expense: $9,718
    Annual Trash Expense: $672
    Annual Water/Sewer Expense: $1,113
    Tenant Expenses: Cable TV

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,696
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,696

    Income

    Annual Gross Income: $31,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

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    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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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.