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Active NEW!
$165,000
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1920
1,800 sqft • 0.071 acres
Hibbing schools
MLS# 7126492
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    Property Description

    Investment Opportunity. All three units are rented Close to parks, the golf course, and the bike trails run all the way from Grand Rapids to Ely! Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities.

    Listing

    Contingency: None
    Price per sq ft: $92
    City: Hibbing
    County: St. Louis
    State: MN
    Property Style: Triplex
    Zip Code: 55746
    Subdivision Name: Brooklyn

    Interior

    Living Area: 1,800 ft2
    Refrigerators: Three
    Basement Details:
    • Partial
    • Shared Access
    • Storage/Locker
    • Sump Pump

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 912 ft2
    Foundation Dimensions: 24x48
    Fencing: Chain Link, Partial
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Shared Amenities: Coin-op Laundry Leased
    Exterior Material: Frame

    Rooms

    Laundry:
    • Common Area
    • Lower Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.071
    Geolocation: 47.437604, -92.922239
    Lot Dimensions: 25 x 125
    Zoning: Residential-Single Family

    Schools

    School District: 701
    District Phone: 2182634850

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $6,474
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,249
    Annual Maintenance Expense: $200
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,788
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,788

    Income

    Annual Gross Income: $27,615

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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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 COLDWELL BANKER NORTHWOODS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.