My notes for this property


Add listing to my favorites (required)
Sold
$199,900  (list price)
$190,000
/mo Edit
Multi-family:  Four Plex
Built 1900
3,630 sqft • 0.16 acres
Bemidji schools
MLS# 6602704
My rating:
Request a Showing  
Agent
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.

    Property Description

    12.5% CAP Rate - 4 Unit Apartment Building. 5 total bedrooms, 4 total bathrooms, 3630 total finished SqFt, and a basement for easy maintenance. Great occupancy history. Use as an investment property or owner occupy one unit to lower your living expenses. Contact your agent for financials.

    Listing

    Contingency: None
    Price per sq ft: $55
    City: Bemidji
    County: Beltrami
    State: MN
    Property Style: Four Plex
    Zip Code: 56601
    Subdivision Name: First Add

    Interior

    Living Area: 3,630 ft2
    Basement Details:
    • Block
    • Concrete

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Size: 400 ft2
    Foundation Size: 2,980 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Exterior Material: Steel Siding

    Lot & Land

    Acres: 0.16
    Geolocation: 47.476168, -94.883186
    Lot Dimensions: 50' x 140'

    Schools

    School District: 31
    District Phone: 218-333-3100

    Expenses

    Annual Caretaker Expense: $200
    Annual Electric Expense: None
    Annual Fuel Expense: $1,380
    Annual Insurance Expense: $2,400
    Annual Maintenance Expense: None
    Annual Gross Expense: $3,016
    Annual Trash Expense: $420
    Annual Water/Sewer Expense: $2,220

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,016
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,016

    Income

    Annual Gross Income: $37,800

    Units

    Total Units: 4

    Miscellaneous

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

    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!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

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