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Active NEW!
$290,000
/mo Edit
Multi-family:  Fourplex
7 br • 4 ba • Built 1963
3,360 sqft • 0.27 acres
Dilworth-Glyndon-Felton schools
MLS# 7155257
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    Property Description

    Great investment opportunity! Enjoy the potential of multiple income producing units under one roof. This occupied 4-plex offers lucrative income potential. Whether you're experienced in real estate investing or a first-time investor, this 4-plex is a promising addition to your portfolio. Includes on site laundry, as well as four extra storage closets in the halls for each of the tenants convenience. Some updates include two units with new flooring and the other two units were replaced within the last 5 years. Newer water heater (replaced in 2022) and newer windows in the lower units.

    Listing

    Contingency: None
    Price per sq ft: $86
    City: Dilworth
    County: Clay
    State: MN
    Property Style: Fourplex
    Zip Code: 56529
    Subdivision Name: Second Outlot Add

    Interior

    Living Area: 3,360 ft2
    Refrigerators: Four
    Basement Details: Finished

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 0
    Foundation Size: 1,680 ft2
    Handicap Accessible: None
    Heating System: Hot Water
    Parking Features: Parking Lot
    Shared Amenities: Laundry
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.27
    Geolocation: 46.878693, -96.709382
    Lot Dimensions: 155 x 75
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 2164
    District Phone: 2182872371

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,715
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,654

    Income

    Annual Gross Income: None

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Other
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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