For Sale: Cambridge MLS# 6790875
Active
NEW!
$624,900
Multi-family: Four Plex
Built 1988
3,482 sqft • 0.29 acres
Cambridge-Isanti schools
MLS# 6790875
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Property Description
This GRAND 4-plex not only makes a statement, but provides a great opportunity for producing passive rental income! Featuring 4 units, each with their own in-unit laundry, 2 units with an additional 4-season porch PLUS a deck, detached garages to provide covered parking for the tenants and spacious living areas! This 4-plex has 4 separate PIDs. All 4 units are currently occupied with renters!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$624,900
Price per sq ft:
$179
Property Type:
Multi-family
City:
Cambridge
Garage Spaces:
4
County:
Isanti
Year Built:
1988
State:
MN
Property Style:
Four Plex
Zip Code:
55008
Subdivision Name:
Eagle Manor Condo
Interior
Finished Area:
3,482 ft2
Living Area:
3,482 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
4
Garage Size:
968 ft2
Foundation Size:
2,083 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
Detached
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Asphalt
Lot & Land
Acres:
0.29
Geolocation:
45.574278, -93.226371
Lot Dimensions:
100 x 125
Addl Parcels:
151030020, 151030030
Zoning:
Residential-Multi-Family
Schools
School District:
911
District Phone:
763-689-6188
Expenses
Annual Caretaker Expense:
$3,876
Annual Electric Expense:
$1,200
Annual Fuel Expense:
None
Annual Insurance Expense:
$5,000
Annual Maintenance Expense:
$4,800
Annual Gross Expense:
$18,212
Annual Trash Expense:
$576
Annual Water/Sewer Expense:
$1,560
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,892
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,892
Income
Annual Gross Income:
$57,300
Units
Total Units:
4
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
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 RE/MAX RESULTS.
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.