My notes for this property


Add listing to my favorites (required)
Active NEW!
$189,500
/mo Edit
Multi-family:  Triplex
Built 1960
1,554 sqft • 0.25 acres
Aitkin schools
MLS# 6708864
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

    This Tri-Plex in NW Aitkin sounds like a promising investment! With three one-bedroom units, each featuring a full bath, and a convenient layout. Two units on the main floor and one on the second floor, offering versatility for tenants. The 75x142 level lot, paved driveway, and large parking area with individual storage sheds add to its appeal. It seems like a great opportunity for steady rental income.

    Listing

    Contingency: None
    Price per sq ft: $122
    City: Aitkin
    County: Aitkin
    State: MN
    Property Style: Triplex
    Zip Code: 56431
    Subdivision Name: Hungerfords Add

    Interior

    Living Area: 1,554 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Block

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Foundation Size: 1,121 ft2
    Foundation Dimensions: 16x31 & 26x24
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features:
    • Asphalt
    • Parking Lot
    Shared Amenities:
    • Deck
    • Laundry
    Road Frontage: City Street
    Exterior Material: Fiber Board
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Lot & Land

    Acres: 0.25
    Geolocation: 46.53574, -93.716177
    Lot Dimensions: 75 x 143
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Farm

    Topography: Level

    Schools

    School District: 8001
    District Phone: 218-927-2115

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,952
    Annual Fuel Expense: $1,510
    Annual Insurance Expense: $2,333
    Annual Maintenance Expense: None
    Annual Gross Expense: $6,911
    Annual Trash Expense: $267
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,138
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,138

    Income

    Annual Gross Income: $25,200

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    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

    Listing provided by RMLS, courtesy of Cummings Janzen Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.