For Sale: Bethel MLS# 6727165
Active
$479,900
Multi-family: Triplex
Built 1945
3,152 sqft • 0.24 acres
St. Francis schools
MLS# 6727165
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Property Description
Incredible investment opportunity in Bethel! This fully rented triplex brings in $4, 482/month: Unit 1 rents for $1, 387, Unit 2 for $1, 350, Unit 3 for $1, 250, and the garage/storage area for $495. The owner invested approximately $100, 000 in improvements, including full electrical rewiring, new panels, a full remodel of Unit 2, and more—all completed with permits and inspections in collaboration with the City of Bethel. Siding was replaced in 2023, the roof is only 4 years old, and all windows have been replaced (except Unit 1). Each unit has access to the side yard, and two units enjoy private decks. The garage features a large second story and a third stall—offering strong potential to add a fourth unit (subject to city approval). Strong rental income with relatively low expenses makes this a solid opportunity to grow your portfolio. Don’t miss out!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$479,900
Price per sq ft:
$152
Property Type:
Multi-family
City:
Bethel
Garage Spaces:
3
County:
Anoka
Year Built:
1945
State:
MN
Property Style:
Triplex
Zip Code:
55005
Subdivision Name:
Bethel
Interior
Finished Area:
3,152 ft2
Living Area:
3,152 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Crawl Space
Exterior
Stories:
Modified Two Story
Garage Spaces:
3
Garage Size:
864 ft2
Foundation Size:
2,298 ft2
Fencing:
Partial, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
Parking Features:
- Detached
- Garage Door Opener
- Gravel
- Guest Parking
- Insulated Garage
- More Parking Onsite for Fee
- Storage
Shared Amenities:
- Coin-op Laundry Owned
- Laundry
- Porch
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.24
Geolocation:
45.40347, -93.267409
Lot Dimensions:
125 x 140
Farm
Topography:
Level
Schools
School District:
15
District Phone:
763-753-7040
Expenses
Annual Caretaker Expense:
$3,852
Annual Electric Expense:
None
Annual Fuel Expense:
$2,400
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
$9,132
Annual Trash Expense:
$1,500
Annual Water/Sewer Expense:
$1,380
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,357
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,405
Income
Annual Gross Income:
$53,784
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Fuze Real Estate.
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.