208 ALBERT Avenue NW, Fertile, MN 56540 (MLS# 20-1799)

208 ALBERT Avenue NW, Fertile, MN 56540

$425,000
Property Type: MultiFamily Bedrooms: 14 Baths: 12 Square Footage: 6,868 Status: Closed
Current Price: $425,000 List Date: 9/28/2020 Last Modified: 8/29/2024

Overview

Description

Great investment opportunity & ready to turn key to new owners. This property features everything on 1 level w/ 12 rental units total between 2 bldgs! Currently bldgs have 10 1-BR, 1 BA units & 2BR 1BA units. all are in very good shape. Laundry coin-op in each building. Great off street parking off the back w/blacktop and plugs ins. Currently housing for 62 yrs & older, can be modified to 55+

Supplements: to 55+).

Listing Details MLS# 20-1799

General Property Information

Property Subtype
Multi Family
Realtor.COM Type
Multi-Family
Total SqFt.
6868
Above Ground SQFT
6868
Total Bedrooms
14
Total Bathrooms
12
Garage Type
Attached
Year Built
1979
Lot Size Dimensions
176x140
Below Ground SQFT
0
Garage Stalls
0

Property Features

Levels: One Heating: Electric Baseboard

Location Tax and Legal Information

Area
Small Town MN
House Number
208
Street Name
ALBERT
Street Suffix
Avenue
Street Direction Sfx
NW
State/Province
MN
Country
USA
Postal Code
56540
County
Polk
Zoning
A-1 Limited Development

Confidential Information

Begin Date
2020-09-28
Under Contract Date
2020-11-06
Sold Date
2021-01-25

Income

Gross Scheduled Income
79,728
# Units
12

More Information

Expenses

Tax and Specials Exp Information
5832.

Miscellaneous

Laundry
Coin op
Off Street Parking
yes

Location, Tax and Legal Information

Tax Year
2020
Taxes
3180
Flood Plain
Contact Lender
Parcel Number
850020101
Specials Amount
2652
Total Tax & Specials
5832
Specials Unpaid
No
Legal
Lots 11 thru Subdivision Opheim & Motts Lot 014 Block 002

Levels

One
Yes

Heating

Electric Baseboard
Yes

Documents

Listing Office: Greenberg Realty
Last Updated: August - 29 - 2024
Information deemed reliable but not guaranteed.