For Sale: Aitkin MLS# 6572281
Active
$419,900
Multi-family: Four Plex
Built 1936
4,400 sqft • 2.28 acres
Aitkin schools
MLS# 6572281
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Property Description
This 4-Plex property, situated 10 miles south of Aitkin, presents a valuable real estate opportunity. The building comprises three main floor units and one upper unit, each accompanied by its own garage stall, set within a spacious parking area. With two units featuring three bedrooms, one unit with two bedrooms, and a one-bedroom unit the property offers versatility for potential renters. Nestled on over two acres of gently wooded land, it provides a serene living environment. Property has a newer drilled well, many updates in each unit. Close to lakes, trails and restaurants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$419,900
Price per sq ft:
$95
Property Type:
Multi-family
City:
Aitkin
Garage Spaces:
5
County:
Aitkin
Year Built:
1936
State:
MN
Property Style:
Four Plex
Zip Code:
56431
Interior
Finished Area:
4,400 ft2
Living Area:
4,400 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Crawl Space
- Drainage System
- Sump Pump
Exterior
Stories:
One and One Half
Garage Spaces:
5
Garage Dimensions:
30 x 60
Garage Size:
1,800 ft2
Foundation Size:
3,200 ft2
Foundation Dimensions:
40 x 80
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Gravel
Road Frontage:
- County Road
- Highway
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Rubber
Lot & Land
Acres:
2.28
Geolocation:
46.403037, -93.74977
Lot Dimensions:
250 x 360
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
8001
District Phone:
218-927-2115
Expenses
Annual Caretaker Expense:
$3,600
Annual Electric Expense:
$1,177
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,010
Annual Maintenance Expense:
$2,200
Annual Gross Expense:
$5,800
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,096
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,096
Income
Annual Gross Income:
$35,400
Units
Total Units:
4
Miscellaneous
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Mound Septic
Water System:
- Drilled
- Well
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.