204 S 6th Avenue
Princeton, MN 55371
MLS #4939266

Multi-Family
  • 2units
  • 4beds
  • 0.23acres
  • 1,768sq ft
$155,000
Est. P&I payment: $591.99/mo
204 S 6th Avenue, Princeton, MN 55371
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Description for 204 S 6th Avenue, Princeton, MN 55371
Great Investment property, very positive income. Allow 24 hour notice. Some updates to the property, but add your own touches. See the supplement for the updates that the seller has done.
MLS #4939266
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My Notes for MLS #4939266

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.23
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 66x148
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Metal
  • Fencing: None
  • Road Frontage: City
  • Parking Characteristics: Detached Garage,​Driveway - Gravel,​Driveway - Shared,​Other
  • Garage Stalls: 2
  • Roof: Asphalt Shingles,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 1,768
  • Handicap Accessible: None
  • Basement: Partial,​Unfinished
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 1,768
  • Unit 1 B1 Dimensions: 10x9
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 10x12
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen,​Kitchen/Dining Room
  • Unit 1 Dining Room Level: Main (Ground)
  • Unit 1 Total Expenses: 140
  • Unit 1 Kitchen Dimensions: 10x10
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 13x5
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Special Rooms: Main Floor Laundry
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 884
  • Unit 2 Bedroom 1 Dimensions: 10x13
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 10x13
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Kitchen/Dining Room
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Ex-1 Dimensions: 8x10
  • Unit 2 Ex-1 Level: Upper
  • Unit 2 Ex-1 Name: Porch
  • Unit 2 Kitchen Dimensions: 10x8
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 10x11
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Parking Spaces: 1
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 884

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 1 Air: Window
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator
  • Unit 2 Air: Window
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 8,340
  • Annual Gross Income: 9,250
  • Annual Insurance Expense: 998
  • Annual Repair Expense: 4,805
  • Annual Gross Expense: 4,805
  • Total Annual Expenses: 17,411
  • Annual Water/Sewer Expense: 1,680
  • Unit 1 Monthly Rent: 695
  • Unit 2 Annual Rent: 7,140
  • Unit 2 Total Expenses: 40
  • Unit 2 Monthly Rent: 595
  • Tax Amount: 2,030
  • Tax With Assessments: 2,030
  • Tax Year: 2018
  • Tenant Expenses: Water/Sewer,​Electric,​Trash

Community Features

  • Municipality: Princeton
  • County: Mille Lacs
  • Postal City: Princeton (MN)

School Features

  • School District: 477 - Princeton
  • School District Phone: 763-389-2422

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 884
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Single

Location

 
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Directions to 204 S 6th Avenue, Princeton, MN 55371
Hwy 169 to Rum River E to 2nd St. S. house on left side of street.
The listing information for 204 S 6th Avenue, Princeton, MN 55371 was graciously provided by our friends at the listing brokerage, RE/MAX Results

Get Financing for 204 S 6th Avenue, Princeton, MN 55371

Summit Mortgage
Kevin Lee
17323 U.S. Highway 10 (Suite B)
Elk River, MN 55330
(763) 421-0548 Office
(612) 889-2511 Mobile
(763) 592-8000 Fax
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P&I Payment $591.99
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Last Updated 04/20/2018 at 1:04pm
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