NOT LISTED FOR SALE

201 4th Ave NW Waseca, MN 56093

10 Beds
6 Baths
3,478 Sq Ft
5,227 Sq Ft Lot

Last Sold August 02, 2024

Last sale price $345,000 $99 Per Sq Ft

4 Days on Market

About This Home

As of August 2024

Solid apartment complex with 6 units. Concrete block construction and concrete floors on all levels. Well maintained and updated as needed. Boiler and water softener are only a few years old. 2 - 1 bedroom units and 4 - 2 bedroom units. Aside from the bedrooms each unit has a kitchen with dining area, living room, full bath, stove, refrigerator, and window air conditioner (tenant expense) and each unit has one off street parking spot. The one beds rent for $675 and 3 of the two beds rent for $775 and one for $800 = $4,475/month. Tenant pays electricity, cable, internet, etc and owner pays the natural gas and water/sewer. There is a common laundry area with coin operated laundry for added income and a place where each tenant has a locker for misc storage. Solid property and great investment!

Last Agent to Sell the Property

Kenneth Lundberg

RE/MAX DYNAMIC AGENTS ST. PETER Listed on: 07/06/2024

RE/MAX DYNAMIC AGENTS ST. PETER

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 1968

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,478 Sq Ft Home
  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 1 Parking Space Included
  • Off-Street Parking

Location

  • Ground Level
  • Upper Level

Utilities

  • Window Unit Cooling System
  • Boiler Heating System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • 6 Units
  • Gross Income $53,700

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for fuel, water/sewer
  • Assessor Parcel Number 171130030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,836

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Apartment Building (L)
  • Construction: Previously Owned
  • Foundation Size: 1739
  • L V T Date: 07/08/2024
  • Mechanicals: Water Heater - Gas, Water Softner - Owned, Sump Pump
  • Parcel Number: 171130030
  • Price Per Square Foot: 66.13
  • Rental License: Yes
  • Stories: 3 Story
  • Taxes With Assessments: 4836
  • Estimated Number of Acres: 0.12
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 10
  • Total Bathrooms: 6
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3478
  • Total Square Footage: 5217
  • Below Grade Finished Sq Ft: 1739

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block
  • Exterior: Brick
  • Roof: Flat, Rubber

Garage/Parking

  • Number Off Street Parking: 6

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Waseca #829

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: .12 acres

Rental Info

  • Owner Expense: Fuel, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric

Building Info

  • Year Built: 1968

Multi Family

  • Est Annual Gross Income: 53700

Tax Info

  • Year: 2024
  • Tax Value: 4836

MLS Schools

  • School District: Waseca #829

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $345,000 +4.5% $99 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $330,000 -- $95 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035350

REALTOR® Association of Southern Minnesota