For Sale: Pine River MLS# 6697392
Active
$339,900
Multi-family: Four Plex
Built 1972
2,508 sqft • 1.4 acres
Pine River-Backus schools
MLS# 6697392
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Property Description
SELLER IS OFFERING $5, 000 TOWARDS BUYER'S CLOSING COSTS!!
Consider the convenience of a fantastic property that pays for itself!
This versatile property features three interconnected units, allowing it to be used as a single 5-bedroom, 3-bathroom home, while the detached fourth unit can be used as an income-generating rental. Alternatively, all four units can be rented out independently to maximize profits. The current owner uses two of the units for personal living, renting out the other two one-bedroom, one-bathroom each. The high rental demand in the area ensures stable occupancy. Excellent location near the school, restaurants, and more. Schedule your showing now!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$339,900
Price per sq ft:
$136
Property Type:
Multi-family
City:
Pine River
Garage Spaces:
2
County:
Cass
Year Built:
1972
State:
MN
Property Style:
Four Plex
Zip Code:
56474
Interior
Finished Area:
2,508 ft2
Living Area:
2,508 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Finished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
24x22
Garage Size:
528 ft2
Foundation Size:
924 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
Road Frontage:
City Street
Exterior Material:
Fiber Cement
Roof Details:
Asphalt
Lot & Land
Acres:
1.4
Geolocation:
46.7257297065, -94.404938207
Lot Dimensions:
Irr x 326 x 200 x 270
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Schools
School District:
2174
District Phone:
218-587-4720
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
None
Annual Gross Expense:
$3,816
Annual Trash Expense:
$420
Annual Water/Sewer Expense:
$1,596
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,214
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,280
Income
Annual Gross Income:
$16,800
Units
Total Units:
4
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of eXp Realty.
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.