For Sale: Rockville MLS# 6636118
Active
$399,900
Multi-family: Four Plex
Built 1914
3,974 sqft • 0.51 acres
Rocori schools
MLS# 6636118
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Property Description
Whether you're a seasoned investor or just starting out, this 4 plex property offers a winning combination of current income and future potential, making it a must-see for anyone seeking to build there real estate portfolio. From the beautiful 3-bedroom unit to the cozy studio apartment, each unit is thoughtfully designed to attract and retain tenants, ensuring consistent rental income for years to come. The building offers future expansion with Two unfinished 2-bedroom apartments that present an exciting opportunity for future income and equity growth, allowing savvy investors to maximize their returns and potentially expand the property into a lucrative 6 plex building.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$399,900
Price per sq ft:
$101
Property Type:
Multi-family
City:
Rockville
Garage Spaces:
2
County:
Stearns
Year Built:
1914
State:
MN
Property Style:
Four Plex
Zip Code:
56369
Subdivision Name:
Townsite Of Rockville
Interior
Finished Area:
3,974 ft2
Living Area:
3,974 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Egress Window(s)
- Full
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
2
Garage Dimensions:
24x24
Garage Size:
576 ft2
Foundation Size:
2,618 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Guest Parking
- More Parking Offsite for Fee
- More Parking Onsite for Fee
- Parking Lot
Shared Amenities:
Other
Road Frontage:
City Street
Exterior Material:
- Other
- Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.51
Geolocation:
45.471237, -94.341089
Lot Dimensions:
35 x 284 x 120 x 143 x 85 x 141
Lot Description:
- Cleared
- Tree Coverage - Light
Schools
School District:
750
District Phone:
320-685-4901
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,200
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,200
Annual Maintenance Expense:
None
Annual Gross Expense:
$4,600
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
$3,600
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,686
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,686
Income
Annual Gross Income:
$37,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
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.