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401 Park Avenue
Sandstone, MN 55072
MLS #4879557

Multi-Family
  • 2units
  • 2beds
  • 0.17acres
  • 1,388sq ft
$84,900
Est. P&I payment: $324.26/mo
401 Park Avenue, Sandstone, MN 55072
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Description for 401 Park Avenue, Sandstone, MN 55072
Fully rented income producing property. To p unit has 6 month lease at 550. main level has 1 year lease at 600. This property does cash flow. Newer roof and windows. Great location. Start your rental investments out right.
MLS #4879557
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My Notes for MLS #4879557

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.17
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 50x150
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Fiber Board
  • Parking Characteristics: Driveway - Gravel
  • Roof: Asphalt Shingles,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 1,388
  • Handicap Accessible: None
  • Basement: Full,​Unfinished
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 1,388
  • Unit 1 B1 Dimensions: 10x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • UNIT1_Ex-1 Dimensions: 6x10
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Foyer
  • Unit 1 Total Expenses: 100
  • Unit 1 Kitchen Dimensions: 11x14
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 12x22
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 2
  • Unit 1 Total Rooms: 4
  • Unit 1 Finished Square Footage: 748
  • Unit 2 Bedroom 1 Dimensions: 10x12
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Kitchen Dimensions: 10x15
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 12x12
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 4
  • Unit 2 Finished Square Footage: 640

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 7,200
  • Annual Gross Income: 13,800
  • Annual Fuel Expense: 1,200
  • Annual Insurance Expense: 1,000
  • Annual Gross Expense: 3,100
  • Total Annual Expenses: 2,100
  • Annual Water/Sewer Expense: 900
  • Unit 1 Monthly Rent: 600
  • Unit 2 Annual Rent: 6,600
  • Unit 2 Total Expenses: 100
  • Unit 2 Monthly Rent: 550
  • Tax Amount: 1,100
  • Tax With Assessments: 1,120
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Trash,​Snow,​Cable T.V.

Community Features

  • Municipality: Sandstone
  • County: Pine
  • Postal City: Sandstone (MN)

School Features

  • School District: 2580 - East Central
  • School District Phone: 320-245-2289

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 748
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No

Location

 
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Directions to 401 Park Avenue, Sandstone, MN 55072
Corner of Park and 4th in Sandstone
The listing information for 401 Park Avenue, Sandstone, MN 55072 was graciously provided by our friends at the listing brokerage, United Country BJ Real Estate

Get Financing for 401 Park Avenue, Sandstone, MN 55072

SMW Federal Credit Union
Lindsey Palin
700 Apollo Drive
Lino Lakes, MN 55014
651-747-1562 Office
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P&I Payment $324.26
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Last Updated 12/15/2017 at 11:01pm
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