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Sold
Sold
$349,900  (list price)
$314,200
/mo   Edit
MLS# 5221630
Multi-family
Built 1920
3,304 fin sqft
Anoka-Hennepin schools
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    Description:   4-plex set on a gorgeous, private, 1 acre lot with pond views and tons of mature trees. (2) 2 Bedroom, 1 Bath units and (2) 1 Bedroom, 1 Bath units. Great investment property or perfect for owner occupant looking to rent out the additional units! 6 garage stalls plus huge "man cave" area adjoining the smaller garage. Hurry, this great opportunity will not last!
    List Price: $349,900
    Sold Price: $314,200
    Sold Date: 06/27/2019
    Price/sq ft: $106
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Four Plex
    Year Built: 1920
    City: Ham Lake
    Zip Code: 55304

    Interior

    Fin Sq Ft / Living Area: 3,304 ft²
    Above Ground Living: 3,304 ft²
    Below Ground Living: 0 ft²
    Basement Details: Full

    Exterior

    Heating System: Baseboard
    Foundation Size: 3,304 ft²
    Shared Amenities: Deck, Coin-op Laundry Owned
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 6
    Roof Details: Asphalt Shingles, Metal

    Lake/Waterfront

    Lake/Waterfront: Pond

    Lot

    Acres: 1
    Construction Status: Previously Owned
    Latitude: 45.26753500
    Longitude: -93.21914900
    Lot Size Dim.: 149x291
    Zoning: Residential-Multi-Family

    Schools

    School District: 11 - Anoka-Hennepin
    District Phone: 763-506-1000

    Expenses

    Annual Caretaker Expense: $1,000
    Annual Electric Expense: $1,250
    Annual Fuel Expense: $2,000
    Annual Insurance Expense: $3,700
    Annual Maintenance Expense: $500
    Annual Repair Expense: $800
    Annual Gross Expense: $10,500
    Total Annual Expenses: $8,700
    Annual Trash Expense: $1,000
    Annual Water/Sewer Expense: $250
    Tenant Expenses: Electric

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $3,502
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,564

    Income

    Annual Gross Income: 33960.00

    Rent

    Unit 1 Monthly Rent: $950
    Unit 2 Monthly Rent: $680

    Unit

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas, Oil
    Homestead: No
    Owner Occupied: Y
    Sewer System: Private
    Water System: Well

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    Recommended Home Mortgage Professional

    Brian Fulcher
    Loan Officer
    Movement Mortgage NMLS#890685
    Whether you're buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you're dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer I have the knowledge and expertise you need to explore the many financing options available. Ensuring that you make the right choice for you and your family is my ultimate goal, and I am committed to providing my customers with mortgage services that exceed their expectations.
    651-343-2463

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet