For Sale: Arlington MLS# 6687846
Active
$420,000
Multi-family: Four Plex
Built 1962
4,050 sqft • 0.42 acres
Sibley East schools
MLS# 6687846
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Property Description
This fully occupied quadplex in Arlington is a fantastic investment opportunity! Featuring three spacious two-bedroom, one-bath units and one cozy one-bedroom, one-bath unit, this property provides consistent rental income from day one.
Each unit offers generous living spaces, bright kitchens, and ample storage. Tenants will appreciate the added convenience of on-site laundry facilities, as well as off-street parking and garage parking. The quiet neighborhood offers a peaceful setting for all residents.
Located just minutes from local schools, parks, and downtown Arlington, this property is ideally positioned with easy access to all the amenities the community has to offer. Whether you're an experienced investor or new to real estate, this fully occupied quadplex is an excellent addition to your portfolio.
Donâ??t miss outâ??contact us today to schedule a showing!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$420,000
Price per sq ft:
$104
Property Type:
Multi-family
City:
Arlington
Garage Spaces:
3
County:
Sibley
Year Built:
1962
State:
MN
Property Style:
Four Plex
Zip Code:
55307
Subdivision Name:
Fred Bussmans Add
Interior
Finished Area:
4,050 ft2
Living Area:
4,050 ft2
Ranges:
Four, One Per Unit
Refrigerators:
Four, One Per Unit
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
3
Garage Size:
246 ft2
Foundation Size:
4,050 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Attached Garage
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Wood Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.42
Geolocation:
44.602272, -94.072694
Lot Dimensions:
66 x 174 x 85 x 34 x 58 x 159
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Corner Lot
Schools
School District:
2310
District Phone:
507-964-2292
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,961
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,666
Annual Maintenance Expense:
$3,237
Annual Gross Expense:
$9,250
Annual Trash Expense:
$462
Annual Water/Sewer Expense:
$925
Tenant Expenses:
Grounds Care, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,686
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$5,740
Income
Annual Gross Income:
$31,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
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 eXp Realty.
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.