Sold: River Falls MLS# 6608098
Sold
$610,000 (list price)
$575,000
Multi-family: Four Plex
Built 1982
3,472 sqft • 0.22 acres
River Falls schools
MLS# 6608098
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Property Description
Investment Opportunity to own or or two 4-plexes. Seller has done a lot of upgrades to buildings. Each building has three 2-bedroom units and one 1-bedroom apartment. We will provide a list of updates, as it is extensive. Estimated monthly rents are what the seller would rent them out at. The seller is providing one year of management with his management company. All units have refrigerators, stoves and dishwashers. Each building has a coin-op laundry room.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$610,000
Sold Price:
$575,000
Sold Date:
10/31/2024
Price per sq ft:
$176
Property Type:
Multi-family
City:
River Falls
Garage Spaces:
0
County:
Pierce
Year Built:
1982
State:
WI
Property Style:
Four Plex
Zip Code:
54022
Subdivision Name:
St Bridgets Add
Interior
Finished Area:
3,472 ft2
Living Area:
3,472 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Walkout
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,736 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
- Asphalt
- Open
- Paved
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
Other
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.22
Geolocation:
44.841117, -92.627356
Lot Dimensions:
.218
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
4893
District Phone:
715-425-1800
Expenses
Annual Caretaker Expense:
$111
Annual Electric Expense:
$111
Annual Fuel Expense:
$111
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
$111
Annual Gross Expense:
$111
Annual Trash Expense:
$111
Annual Water/Sewer Expense:
$111
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$4,472
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,472
Income
Annual Gross Income:
$62,400
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 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.