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For Sale:  Bemidji MLS# 7158559

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Active
$285,000
/mo Edit
Multi-family:  Triplex
9 br • 4 ba • Built 1907
3,340 sqft • 0.321 acres
Bemidji schools
MLS# 7158559
763-576-8286
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    Property Description

    Discover a fantastic investment opportunity with this centrally located triplex offering an excellent rental history and three currently occupied units! Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this income-producing property is one to consider. Conveniently located within walking distance of BSU, local schools, shopping, and restaurants, this property offers an appealing location for tenants seeking convenience and accessibility. With a proven rental history and all three units currently rented, this triplex provides an opportunity to step into an established rental property with existing tenants in place. Don't miss your chance to own an income-producing property in a desirable, convenient location. Add this triplex to your investment portfolio and explore its income potential!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $285,000
    Price per sq ft: $85
    Property Type: Multi-family
    City: Bemidji
    Garage Spaces: 0
    County: Beltrami
    Year Built: 1907
    State: MN
    Property Style: Triplex
    Zip Code: 56601
    Subdivision Name: First Add

    Interior

    Bedrooms: 9
    Bathrooms: 4
    Finished Area: 3,340 ft2
    Living Area: 3,340 ft2
    Basement Details:
    • Finished
    • Other

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,198 ft2
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water
    Shared Amenities: Coin-op Laundry Owned

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.321
    Geolocation: 47.476444, -94.880753
    Lot Dimensions: 100 x 400
    Zoning: Residential-Multi-Family

    Schools

    School District: 31
    District Phone: 2183333100

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: $700
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,673
    Tenant Expenses: Broadband, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,798
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,798

    Income

    Annual Gross Income: $38,786

    Rent

    Annual Net Income: $27,234

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.