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Active
$229,900
/mo Edit
Multi-family:  Triplex
Built 1900
2,504 sqft • 0.17 acres
Alexandria schools
MLS# 6658842
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    Property Description

    Great Investment Opportunity! This nice tri-plex offers great cash flow and high occupancy rates. Units 2 & 3 have been updated. Seller has replaced many windows, flooring, new gutters, and upgraded electrical. Property features off-street parking & coin-operated washer & dryer. Located in a great location near downtown and Alexandria Technical College. Seller pays for garbage, gas, electric for laundry, snow and lawn care. Tenant is responsibe for electric & internet. A/C units are property of tenants.

    Listing

    Contingency: None
    Price per sq ft: $92
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: Triplex
    Zip Code: 56308
    Subdivision Name: Nelson 2nd Add

    Interior

    Living Area: 2,504 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 14 x 30
    Garage Size: 420 ft2
    Foundation Size: 888 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Detached
    • Parking Lot
    Road Frontage: City Street
    Exterior Material: Wood Siding

    Lot & Land

    Acres: 0.17
    Geolocation: 45.877717, -95.375101
    Lot Dimensions: 50 x 150 x 50 x 150

    Schools

    School District: 206
    District Phone: 320-762-2141

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,796
    Annual Fuel Expense: $1,654
    Annual Insurance Expense: $1,648
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,098
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,146
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,276

    Income

    Annual Gross Income: $28,860
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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