$92,000
SOLD FEB 20, 2014

2126 3rd Ave E Hibbing, MN 55746

6 Beds
5 Baths
2,704 Sq Ft
1910 Built

Recently Sold

$34 Per Sq Ft

Highlights

  • Deck
  • Garage
  • Washer and Dryer
  • Laundry in Utility Room
  • Heating System Uses Steam

About This Home

As of May 2020

Corner Lot 7 Plex, Central Location, All Appliances Included, Laundry w/coin operation, Washer Dryer, Good Rental History, Seller pays utilities except Apt#1, Apt #5 2 br. Need 24 hrs for showing, Call For Appointment TODAY!!

Last Agent to Sell the Property

Thomas Gaige

Village Realty License #20104432 Listed on: 11/07/2013

Last Buyer's Agent

Josh Renskers

Village Realty License #20388696

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1910

Parking

  • Garage

Home Design

  • 2,704 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Additional Features

  • Deck
  • Lot Dimensions are 125 x 53
  • Heating System Uses Steam

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $2,400
  • Utility Expense $13,800
  • Gross Income $38,460
  • Net Operating Income $15,462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,620

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Real Estate Tax: 1620.2
  • Total Above Grade Sq Ft: 2704
  • Type: Apartment Complex
  • Year Built: 1910
  • Lot Size Length: 125
  • Lot Size Width: 53
  • Utilities Expenses: 13800
  • Insurance Expenses: 2400
  • Laundry Storage: Extra Storage, Inside Utility, Washer/Dryer
  • Net Income: 15462
  • Projected Income: 38460
  • Rent: Month To Month
  • Repairs Maint Expenses: 1200
  • Total Expense: 19158
  • Total Income: 34620
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 2704
  • Basement: Full, Rock
  • Lower Level Sq Ft: 1352
  • Main Level Sq Ft: 1352
  • Upper Level Sq Ft: 1352

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Shingle
  • Outside Features: Deck

Garage/Parking

  • Parking: Parking Area, Garage, On Street Parking

Utilities

  • Utilities: City Sewer, City Water
  • Heating: Steam

Fee Information

  • Rent Income: 37260

Schools

  • School District: Hibbing

Lot Info

  • Zoning: Res

Rental Info

  • Actual Income: 33460

Multi Family

  • Number Of Units: 7

Tax Info

  • Taxes: 1758

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/07/2020 05/07/20 Sold $52,500 -19.1% $15 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $64,900 +62.3% $19 / Sq Ft
09/20/2018 09/20/18 Sold $40,000 -20.0% $12 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $50,000 0.0% $15 / Sq Ft
03/22/2018 03/22/18 Price Changed $50,000 -45.7% $15 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
02/20/2014 02/20/14 Sold $92,000 -- $34 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 122693

Range Association of REALTORS®