For Sale: Starbuck MLS# 7068121
Active
$149,900
Multi-family: Triplex
2 br • 3 ba • Built 1940
1,760 sqft • 0.072 acres
Minnewaska schools
MLS# 7068121
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Property Description
Opportunity to own a cash-flowing triplex in Starbuck. The most recent rents were ~$700 per unit. This property offers an attractive entry point for investors looking for solid returns. Each unit provides functional living space with consistent rental demand, making this a great option for both new and seasoned investors. Additional upside potential exists through rent increases, expense optimization, or light value-added improvements. Whether you're building your portfolio or looking for a 1031 exchange opportunity, this property checks the boxes for affordability, income, and long-term growth. Don’t miss your chance to secure a low-cost, income-producing asset with strong fundamentals.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$149,900
Price per sq ft:
$85
Property Type:
Multi-family
City:
Starbuck
Garage Spaces:
0
County:
Pope
Year Built:
1940
State:
MN
Property Style:
Triplex
Zip Code:
56381
Subdivision Name:
Starbuck City
Interior
Bedrooms:
2
Bathrooms:
3
Finished Area:
1,760 ft2
Living Area:
1,760 ft2
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,100 ft2
Foundation Dimensions:
55x20
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Other
- Shared Driveway
Lot & Land
Acres:
0.072
Geolocation:
45.612678, -95.530678
Lot Dimensions:
20 x 145 x 20 x 145
Zoning:
Residential-Multi-Family
Schools
School District:
2149
District Phone:
3202394820
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
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,131
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,546
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 RE/MAX Results.
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.