NOT LISTED FOR SALE

49 Maple Blvd Babbitt, MN 55706

8 Beds
4 Baths
3,162 Sq Ft
1968 Built

Sale Details

Date Sold: August 26, 2015

Last sale price $93,000 $29 Per Sq Ft

Highlights

  • Balcony
  • Washer and Dryer
  • Heating Available
  • Garage

About This Home

As of August 2015

GREAT INVESTMENT OPPORTUNITY of a 4-plex with years of excellent rental history in what is now a high demand/low inventory market. Even consider living here virtually free (with the revenue from other three units covering mortgage & expenses)! All apartments have 2 bedroom/1 bath units with the three smaller apartments having an open kitchen/dining/living space. The spacious Unit 1, previously the owner's residence, has a fabulous new bath & kitchen (complete with cherry cabinetry & ss appliances), fireplace & outdoor balcony. Other amenities include on-site laundry, paved parking, single stall attached garage, large 24' x 30' insulated/heated garage, garden & extra large landscaped yard.

Last Agent to Sell the Property

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505 Listed on: 07/22/2015

Keller Williams Classic Realty Northwest

Last Buyer's Agent

Wendy Johnson

Keller Williams Classic Realty Northwest License #20553505 Listed on: 07/22/2015

Keller Williams Classic Realty Northwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 1968

Parking

  • Garage

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,162 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Washer and Dryer

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Heating Available
  • Well

Additional Features

  • Balcony
  • Lot Dimensions are 125 x 165

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,534
  • Utility Expense $3,960
  • Gross Income $21,120
  • Net Operating Income $12,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 1968

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 1914.7
  • Type: Fourplex
  • Year Built: 1968
  • Lot Size Length: 125
  • Lot Size Width: 165
  • Utilities Expenses: 3960
  • Insurance Expenses: 1534
  • Laundry Storage: Extra Storage, Washer/Dryer
  • Net Income: 12441
  • Projected Income: 21120
  • Rent: Month To Month
  • Repairs Maint Expenses: 510
  • Total Expense: 8679
  • Total Income: 21120
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 3162
  • Basement: Full
  • Other Income: 4200

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle
  • Outside Features: Balcony

Garage/Parking

  • Parking: Parking Area, Garage, Paved, Five To Ten Cars

Utilities

  • Cooling: Multi Window A/C, Ductless Air
  • Utilities: City Sewer, City Water, Well
  • Heating: Electric

Fee Information

  • Rent Income: 16920

Lot Info

  • Zoning: res

Rental Info

  • Actual Income: 11504
  • Other Expenses: 200

Multi Family

  • Management Expenses: 1200
  • Number Of Units: 4

Tax Info

  • Taxes: 1,275
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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
08/26/2015 08/26/15 Sold $93,000 -- $29 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
Source: Range Association of REALTORS®

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 $3,046 $174,700 $10,600 $164,100
2023 $2,602 $178,800 $10,600 $168,200
2022 $2,246 $141,300 $9,200 $132,100
2021 $2,246 $113,700 $8,000 $105,700
2020 $2,926 $112,400 $8,000 $104,400
2019 $2,594 $102,800 $8,000 $94,800
2018 $2,616 $93,500 $8,000 $85,500
2017 $2,506 $93,500 $8,000 $85,500
2016 $2,034 $93,500 $8,000 $85,500
2015 $2,102 $75,000 $9,400 $65,600
2014 $2,005 $75,000 $9,400 $65,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 126796

Range Association of REALTORS®

APN: 105-0053-00680

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