For Sale: Green Isle MLS# 6789420
Active Contingent
$419,000
Multi-family: Four Plex
Built 1976
3,312 sqft • 0.2 acres
Sibley East schools
MLS# 6789420
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Property Description
4 Plex next door also for sale - See MLS Listing # 6789419. Seller prefers to sell both together. $3, 850 in monthly rent income producing 4 Plex with High Demand! Incredible investment opportunity! This fully-occupied 4-plex in Green Isle offers a steady income stream with a proven track record. Each unit is tenant-occupied with a waiting list in place. Conveniently located, this property attracts long-term tenants with its well-maintained spaces and strong local demand. Fully occupied with established tenants. Each unit is individually metered. Neighboring 4-plex also available – buy one or both for even greater income potential! Financials included in supplements.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$419,000
Price per sq ft:
$127
Property Type:
Multi-family
City:
Green Isle
Garage Spaces:
4
County:
Sibley
Year Built:
1976
State:
MN
Property Style:
Four Plex
Zip Code:
55338
Subdivision Name:
Fitzpatricks Add
Interior
Finished Area:
3,312 ft2
Living Area:
3,312 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
240 ft2
Foundation Size:
1,656 ft2
Handicap Accessible:
None
Heating System:
Boiler
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.2
Geolocation:
44.676805, -94.003066
Lot Dimensions:
3312
Schools
School District:
2310
District Phone:
507-964-2292
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,800
Annual Maintenance Expense:
$125
Annual Gross Expense:
$15,030
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,740
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,740
Income
Annual Gross Income:
$43,890
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Lifecycle Real Estate Services.
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.