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Sold:  Slayton MLS# 6654824

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Sold
$125,000  (list price)
$125,000
/mo Edit
Multi-family:  Four Plex
Built 1890
5,210 sqft • 0.17 acres
Murray County Central schools
MLS# 6654824
763-576-8286
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    Property Description

    This 2009 remodeled church has been transformed into a charming 4-unit apartment building. Currently, the property generates $3, 560 in monthly rental income, with potential to increase to $4, 000 per month. The apartments range from 2 to 4 bedrooms, each offering 1 bathroom, a laundry area and tall ceilings. With a bit of TLC, this property can truly showcase its historical character, and each unit offers its own unique features and charm. Call your favorite agent today!

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $125,000
    Sold Price: $125,000
    Sold Date: 03/25/2025
    Price per sq ft: $24
    Property Type: Multi-family
    City: Slayton
    Garage Spaces: 0
    County: Murray
    Year Built: 1890
    State: MN
    Property Style: Four Plex
    Zip Code: 56172
    Subdivision Name: Original

    Interior

    Finished Area: 5,210 ft2
    Living Area: 5,210 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Finished
    • Full
    • Raised
    • Single Tenant Access

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 0
    Garage Dimensions: 0
    Foundation Size: 2,395 ft2
    Foundation Dimensions: 72x33
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • Driveway - Other Surface
    • Gravel
    • Open
    • Shared Driveway
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material:
    • Vinyl Siding
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.17
    Geolocation: 43.986991, -95.75887
    Lot Dimensions: 140 x 52
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 2169
    District Phone: 507-836-6183

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $7,200
    Annual Fuel Expense: $3,000
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $1,800
    Annual Gross Expense: $13,195
    Annual Trash Expense: $840
    Annual Water/Sewer Expense: $1,800
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,264
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,264

    Income

    Annual Gross Income: $30,720

    Units

    Total Units: 4

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Preferred Rlty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.