For Sale: Cass Lake MLS# 6786479
Active
NEW!
$145,000
Multi-family: Triplex
Built 1940
3,024 sqft • 0.22 acres
Cass Lake-Bena schools
MLS# 6786479
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Property Description
This triplex offers immediate cash flow with proven rental history. Currently generating $1, 975 per month in gross rent, this property exceeds the 1% rule and is an excellent addition to any portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$145,000
Price per sq ft:
$48
Property Type:
Multi-family
City:
Cass Lake
Garage Spaces:
0
County:
Cass
Year Built:
1940
State:
MN
Property Style:
Triplex
Zip Code:
56633
Interior
Finished Area:
3,024 ft2
Living Area:
3,024 ft2
Basement Details:
Owner Access
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,008 ft2
Foundation Dimensions:
24x42
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
- On-Street Parking Only
- Parking Lot
Exterior Material:
Cedar
Lot & Land
Acres:
0.22
Geolocation:
47.3783863034, -94.6098846952
Lot Dimensions:
75.6 x 129.75.6 x 129
Zoning:
Residential-Multi-Family
Schools
School District:
115
District Phone:
218-335-2204
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,200
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$1,900
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$250
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,264
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,330
Income
Annual Gross Income:
$24,300
Units
Total Units:
3
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Real Broker, LLC.
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.