NOT LISTED FOR SALE

301 5th St E Carlos, MN 56319

8 Beds
4 Baths
924 Sq Ft
1.12 Acres

Last Sold January 30, 2024

Last sale price $250,000 $271 Per Sq Ft

8 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating System
  • High Speed Internet

About This Home

As of January 2024

Great Investment Opportunity! 6 unit mobile home park in great condition with many recent updates that show as an annual expense in 2023. Seller owns units 1,2,3,4 and currently rents out each unit for $600.00 per month, which will be increased to $675/month starting Jan 1st 2024 with tenants paying their own utilities. Water/Sewer, Natural Gas, Electric and garbage paid by tenants. Units 5 & 6 are owned by the tenants and are paying a lot rent of $300.00 per month, which will be increased to $335/month Jan 1st 2024, they also pay their own utilities.All units are occupied, Seller is living in unit # 2 which will be available for rent.Unit Descriptions: Unit 1 - 1974 Blair House 14'x66', Unit 2- 1976 Bendix 14'x66', Unit 3- 1973 Champion 14' x 66', Unit 4 - 1971 Detroiter 14' x 56', Many recent updates to these units. Located on over 1 acre, 20x28 shed for storm shelter. HIGHEST AND BEST OFFER TO BE SUBMITTED BY WEDNESDAY, DECEMBER 13, 2023 AT 3:00 PM.

Last Listed By

Todd Whiting

Century 21 First Realty, Inc. Listed on: 12/05/2023

Century 21 First Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1974

Lot Details

  • 1.12

Home Design

  • Pitched Roof
  • Rubber Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, fuel, grounds care, snow removal, trash collection, water
  • The owner pays for insurance, grounds care, repairs, snow removal, taxes
  • Assessor Parcel Number 690158025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,138

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 924
  • Water Sewer Expenses: 901.06
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 924
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: No
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 5
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 5
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 5
  • Appliances: Electric Water Heater,Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • Roof: Age Over 8 Years, Age 8 Years or Less, Asphalt, Pitched, Rubber

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 560

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Four

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictNumber: 206
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Topography: Level
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Metal Siding, Vinyl Siding
  • Units Total: 4

Rental Info

  • Expenses: 19750.1400

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 690158025
  • Tax Annual Amount: 1138
  • TaxWithAssessments: 1138.0000

Multi Family

  • TenantPays: Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection, Water
  • ElectricExpense: 679.79
  • FuelExpense: 1023.53
  • Number Of Refrigerators: Four

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
01/30/2024 01/30/24 Sold $250,000 +25.0% $271 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $200,000 -- $216 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6461127

NorthstarMLS