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Active NEW!
$425,000
/mo Edit
Commercial:  1 Story
Built 1995
1.369 acres
MLS# 7048465
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    Property Description

    Got Rent? Come have a look at this great opportunity in Stephen MN. The property has been renovated to a high level and offers a steady income producing asset! The building features 7 1-bedroom units as well as 1 2-bedroom unit, coin operated laundry and units are metered separately. If you are an investor looking to grow your empire you'll want to take a closer look at this one. Give us a call for additional information.

    Listing

    Contingency: None
    City: Stephen
    County: Marshall
    State: MN
    Property Style: 1 Story
    Zip Code: 56757
    Subdivision Name: Auditors Sub

    Interior

    Ceiling Height: 8-10
    Refrigerators: One Per Unit
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 16X20
    Air Conditioning: Wall Unit(s)
    Foundation Size: 5,000 ft2
    Foundation Dimensions: 50X100
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Parking Lot
    Road Frontage: City Street
    Exterior Material: Frame
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 1.369
    Geolocation: 48.454308, -96.878838
    Inclusions: Building, Leases
    Lot Dimensions: 220X330
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1287
    District Phone: 2184783315

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,188
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,188

    Units

    Total Units: 8

    Miscellaneous

    Current Use: Residential
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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