For Sale: Hibbing MLS# 7141983
Active
NEW!
$365,000
Multi-family: Apartments
1 br • Built 1910
3,352 sqft • 0.147 acres
Hibbing schools
MLS# 7141983
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Property Description
Investment opportunity for (8)-unit rental property. 7/8 are currently occupied. Main building has individual meters.
Each unit has private bathroom and full kitchen.
Walkable to downtown, city parks, Hibbing Community College, library, and restaurants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$365,000
Price per sq ft:
$109
Property Type:
Multi-family
City:
Hibbing
Garage Spaces:
2
County:
St. Louis
Year Built:
1910
State:
MN
Property Style:
Apartments
Zip Code:
55746
Subdivision Name:
Central Add To Hibbing
Interior
Bedrooms:
1
Bathrooms:
0
Finished Area:
3,352 ft2
Living Area:
3,352 ft2
Refrigerators:
One Per Unit
Basement Details:
- Full
- Shared Access
Exterior
Stories:
Two
Garage Spaces:
2
Foundation Size:
1,352 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Radiant
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Paved Streets
Roof Details:
Age Over 8 Years
Rooms
Laundry:
Washer Hookup
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.147
Geolocation:
47.42518, -92.938763
Lot Dimensions:
125 x 58 x 125 x 45
Schools
School District:
701
District Phone:
2182634850
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Broadband, Cable TV, Electricity, Heat
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,578
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
None
Income
Annual Gross Income:
$83,640
Rent
Annual Net Income:
$42,625
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- 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 Coldwell Banker Realty.
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.