For Sale: New Richmond MLS# 6815619
Active
$899,000
Multi-family: Four Plex
Built 2004
980 sqft • 0.37 acres
New Richmond schools
MLS# 6815619
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Property Description
Exceptional investment opportunity! This well-maintained four-plex offers desirable zero-entry access and thoughtfully designed 2 bedroom, 1 bath units with an attached single car garage. Each residence features its own poured concrete patio, perfect for outdoor relaxation. Nestled among mature trees, the property provides a private, setting that tenants love. With long-term renters already in place and strong rental history, it is ideal for investors seeking stability and low-maintenance ownership.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,000
Price per sq ft:
$917
Property Type:
Multi-family
City:
New Richmond
Garage Spaces:
4
County:
St. Croix
Year Built:
2004
State:
WI
Property Style:
Four Plex
Zip Code:
54017
Interior
Finished Area:
980 ft2
Living Area:
980 ft2
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
4
Garage Dimensions:
12.5x18.4
Garage Size:
230 ft2
Foundation Size:
950 ft2
Handicap Accessible:
No Stairs External, No Stairs Internal
Heating System:
Forced Air
Parking Features:
Attached Garage
Exterior Material:
Aluminum Siding
Lot & Land
Acres:
0.37
Geolocation:
45.114475, -92.518865
Lot Dimensions:
141 x 112 x 149 x 27 x 10 x 85
Zoning:
Residential-Multi-Family
Schools
School District:
3962
District Phone:
715-243-7411
Expenses
Annual Caretaker Expense:
$11,251
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,292
Annual Maintenance Expense:
$3,055
Annual Gross Expense:
$16,978
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Gas, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,018
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,018
Income
Annual Gross Income:
$61,200
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer - In Street
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.