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Active NEW!
$359,900
/mo Edit
Multi-family:  Triplex
Built 1900
2,669 sqft • 0.23 acres
Cambridge-Isanti schools
MLS# 6760219
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    Property Description

    Don't miss this opportunity to own a prime investment property. This 3 unit rental property is well maintained and is located in the heart of Cambridge. This versatile property includes one cozy one bedroom unit and two spacious 2 bedroom units, perfect for attracting a variety of tenants. Ideal for investors seeking steady income or looking to rent out one unit while renting the others. Lower unit has updated bathroom and new carpet through out. Close to the city park, restaurants, and shops. 2 units have forced air heat and central AC units. Aluminum siding with a paved private parking area.

    Listing

    Contingency: None
    Price per sq ft: $135
    City: Cambridge
    County: Isanti
    State: MN
    Property Style: Triplex
    Zip Code: 55008
    Subdivision Name: Congers Add

    Interior

    Living Area: 2,669 ft2
    Basement Details:
    • Block
    • Finished
    • Walkout

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Foundation Size: 1,211 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Paved
    Exterior Material: Aluminum Siding

    Lot & Land

    Acres: 0.23
    Geolocation: 45.570291, -93.230034
    Lot Dimensions: 70 x 142
    Zoning: Residential-Multi-Family

    Schools

    School District: 911
    District Phone: 763-689-6188

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $600
    Annual Fuel Expense: $360
    Annual Insurance Expense: $2,850
    Annual Maintenance Expense: $900
    Annual Gross Expense: $7,200
    Annual Trash Expense: $540
    Annual Water/Sewer Expense: $1,080

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,944
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,944

    Income

    Annual Gross Income: $39,900

    Units

    Total Units: 3

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Realty ONE Group Choice.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.