$325,000
$318,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
3,320 SqFt
SOLD DATE : 12/31/2021
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,320 sqft
Price per Sqft $97
Subdivision Meadow Park 1St Sub-Torrens
MLS Listing ID 6113292
Sold Date 12/31/21
Year Built 1966
Annual Tax Amount $4,492
Tax Year 2021
Contingent None
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x137
Property Sub-Type Quadruplex
Property Description
Great location for a 4 plex directly across from Mayo High School. Rents are as follows: #1 $660/month - 1BDRM. #2,3,4 are all 2 BDRMS and are $775, $740, $825. Misc Laundry income $766/year. Look in Supplements for 2020 Profit & Loss (actual vs. owner managed possibility) and recent appraisal. Rent Schedule on page 6 shows actual rents vs. opinion of market rates.
Location
State MN
County Olmsted
Rooms
Basement Full
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 4.0
Roof Type Asphalt
Building
Story Split Entry (Bi-Level)
Foundation 1680
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Aluminum Siding,Fiber Cement
New Construction false
Schools
Elementary Schools Ben Franklin
Middle Schools Willow Creek
High Schools Mayo
School District Rochester
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