116 2nd St S Virginia, MN 55792
Virginia AreaEstimated payment $455/month
About This Home
Your investment opportunity has arrived in a package deal! This triplex is fully rented throughout and is a great way to earn extra income, and some sweat equity. Within quick travel distance to downtown areas, banks, shops, restaurants, and social life. Some key updates on the property include newer HVAC, plumbing, and electrical meters which allows you to focus on the small projects to really shine this place up. Must be sold in a package sale along with the neighboring property at 118 2nd St. S. Virginia and 824 13th St N. Virginia.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,056
Year Built
- Built in 1906
Home Design
- 2,109 Sq Ft Home
- Triplex
- Asphalt Roof
- Hardboard
Additional Features
- Lot Dimensions are 120 x 50
- Heating System Uses Gas
Community Details
Overview
- 3 Units
Building Details
- Insurance Expense $2,804
- Gross Income $32,520
- Net Operating Income $18,627
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,056 | $58,800 | $5,100 | $53,700 |
| 2023 | $1,180 | $45,400 | $5,100 | $40,300 |
| 2022 | $948 | $29,700 | $4,400 | $25,300 |
| 2021 | $1,180 | $50,500 | $4,400 | $46,100 |
| 2020 | $1,144 | $43,500 | $4,400 | $39,100 |
| 2019 | $1,026 | $43,500 | $4,400 | $39,100 |
| 2018 | $1,020 | $42,600 | $5,000 | $37,600 |
| 2017 | $1,256 | $42,600 | $5,000 | $37,600 |
| 2016 | $1,278 | $52,000 | $5,000 | $47,000 |
| 2015 | $1,290 | $58,400 | $5,000 | $53,400 |
| 2014 | $1,205 | $58,400 | $5,000 | $53,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/03/2026 08/03/26 | For Sale | $64,500 | -- | $31 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Contract Of Sale | $200,000 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $47,251 | Consolidated Title & Abstrac | |
| Warranty Deed | $25,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Commercial | |
| Previous Owner | $35,400 | Commercial |
Source: Range Association of REALTORS®
MLS Number: 150476
APN: 090001012060
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