NOT LISTED FOR SALE

301 5th St E Nelson, MN 56355

8 Beds
4 Baths
924 Sq Ft
1.12 Acre Lot

Sale Details

Date 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 Agent to Sell the Property

Todd Whiting

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

Century 21 First Realty, Inc.

Last Buyer's Agent

Matt Imdieke

Central MN Realty LLC

Central MN Realty LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1974

Lot Details

  • Few Trees

Home Design

  • Pitched Roof
  • Rubber Roof
  • Aluminum Siding
  • Metal Siding
  • Vinyl Siding

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

1.12 Acres

Listing Details

  • Type: Residential Income
  • Standard Status: Closed
  • Property Subtype 1: Other
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 924
  • 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
  • Appliances: Electric Water Heater,Range
  • 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

Utilities

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

Schools

  • Junior High Dist: Alexandria
  • 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

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
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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6461127

NorthstarMLS
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