For Sale: Winthrop MLS# 6484045
Active
$265,000
Multi-family: Four Plex
Built 1885
3,376 sqft•0.24 acres
G.F.W. schools
MLS# 6484045
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Property Description
Welcome to this incredible investment opportunity! Desirably located downtown, this 4 unit property lies on an oversized lot AND has a large, off street gravel parking lot for its tenants. All four units are fully rented out and generating income. Both apartments on the main level consist of two bedrooms, full bathroom, kitchen and spacious living rooms, back apartment also has an additional office. Upstairs, you will find unit 3 has one bedroom, spacious living room and kitchen, office space, and full bathroom. Unit 4 has two bedrooms, full bathroom, living room and kitchen! Updated siding(2018) and roof(2017)! Schedule your private showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$265,000
Price per sq ft:
$78
Property Type:
Multi-family
City:
Winthrop
Garage Spaces:
0
County:
Sibley
Year Built:
1885
State:
MN
Property Style:
Four Plex
Zip Code:
55396
Subdivision Name:
Frankenfields Add
Interior
Finished Area:
3,376 ft2
Living Area:
3,376 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Stone/Rock
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,340 ft2
Foundation Dimensions:
32x34
Handicap Accessible:
Partially Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
- Radiant Floor
- Radiator(s)
Parking Features:
Gravel
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.24
Geolocation:
44.54169300, -94.36258600
Lot Dimensions:
75 x 142
Zoning:
Residential-Multi-Family
Schools
School District:
2365
District Phone:
507-834-9813
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$4,722
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,363
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,641
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,889
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,970
Income
Annual Gross Income:
$27,900
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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.
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!
Listing provided by RMLS,
courtesy of True Real Estate.
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.