For Sale: Alexandria MLS# 7073706
Active
NEW!
$289,900
Multi-family: Fourplex
7 br • 5 ba • Built 1900
3,030 sqft • 0.47 acres
Alexandria schools
MLS# 7073706
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Property Description
4 plex so close to the Fairgrounds and downtown! This investment property grosses nearly $43K per year in income. Start your investment journey or add to your portfolio. 1-3BR Unit, 1-2BR Unit, and 2-2BR units.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$289,900
Price per sq ft:
$96
Property Type:
Multi-family
City:
Alexandria
Garage Spaces:
1
County:
Douglas
Year Built:
1900
State:
MN
Property Style:
Fourplex
Zip Code:
56308
Subdivision Name:
Langhausens Sub Lt K Behengs
Interior
Bedrooms:
7
Bathrooms:
5
Finished Area:
3,030 ft2
Living Area:
3,030 ft2
Refrigerators:
Four
Basement Details:
Partially Finished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
12x18
Garage Size:
216 ft2
Garage Door Height:
7
Garage Door Width:
8
Foundation Size:
1,265 ft2
Foundation Dimensions:
28x46
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached Garage
Road Frontage:
City Street
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
Laundry:
Common Area
Lot & Land
Acres:
0.47
Geolocation:
45.888775, -95.38877
Lot Dimensions:
125 x 165
Zoning:
Residential-Multi-Family
Schools
School District:
206
District Phone:
3207622141
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,886
Annual Fuel Expense:
$3,336
Annual Insurance Expense:
$1,589
Annual Maintenance Expense:
None
Annual Trash Expense:
$1,000
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,328
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,328
Income
Annual Gross Income:
$42,900
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Alexandria Light & Power
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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 Kvale Real Estate.
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.