315 SE 6th Avenue
Pine City, MN 55063
MLS #4775123

Multi-Family
  • 4units
  • 5beds
  • 3,595sq ft
$249,900
Est. P&I payment: $954.45/mo
315 SE 6th Avenue, Pine City, MN 55063
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Description for 315 SE 6th Avenue, Pine City, MN 55063
Fully rented house and three apartments. Property is extremely well maintained and excellent rental history. Good cash flow. Opportunity for buyer to live in the house and have your mortgage payment paid for by your tenants. 2 buildings on site, 3 bedroom home and separate triplex.
MLS #4775123
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My Notes for MLS #4775123

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1910
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 66x100
  • Status: Active
  • Style: (MF) Apartments/Multifamily

Exterior Features

  • Exterior: Stucco,​Block

Interior Features

  • Total Finished Square Footage: 3,595
  • Handicap Accessible: None
  • Basement: Full
  • Above Ground Finished SqFt: 3,595
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Total Expenses: 100
  • Number of Unit: 4
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 1,131
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Units: 3
  • Unit 2 Parking Spaces: 1
  • Unit 2 Total Rooms: 4
  • Unit 2 Finished Square Footage: 750

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 10,800
  • Annual Gross Income: 30,600
  • Annual Insurance Expense: 2,500
  • Annual Repair Expense: 500
  • Annual Gross Expense: 6,000
  • Total Annual Expenses: 6,000
  • Annual Trash Expense: 960
  • Annual Water/Sewer Expense: 3,000
  • Unit 1 Monthly Rent: 900
  • Unit 2 Annual Rent: 6,600
  • Unit 2 Total Expenses: 100
  • Unit 2 Monthly Rent: 550
  • Tax Amount: 2,952
  • Tax With Assessments: 2,958
  • Tax Year: 2016

Community Features

  • Municipality: Pine City
  • County: Pine
  • Postal City: Pine City (MN)

School Features

  • School District: 578 - Pine City
  • School District Phone: 320-629-4010

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 3,595
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No

Location

 
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Directions to 315 SE 6th Avenue, Pine City, MN 55063
Take I-35 to Pine City exit towards town. Left at stop light at Main St. Right on 6th Ave. SE (by Holiday Gas Station). One block to property on the corner.
The listing information for 315 SE 6th Avenue, Pine City, MN 55063 was graciously provided by our friends at the listing brokerage, Coldwell Banker PRO IV

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Steven Nelson
MN
763-218-0451 Office
763-218-0451 Mobile
763-390-3138 Fax
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P&I Payment $954.45
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Last Updated 09/23/2017 at 8:14pm
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