NOT LISTED FOR SALE

610 E 23rd St 2310 6th Ave E Hibbing, MN 55746

Hibbing Area
6 Beds
5 Baths
8,582 Sq Ft
1929 Built

Sale Details

Date Sold: August 13, 2021

Last sale price $275,000 $32 Per Sq Ft

179 Days on Market

Highlights

  • Deck
  • Laundry in Utility Room
  • Hot Water Heating System
  • Balcony
  • Ceiling Fan
  • Heating System Uses Steam

About This Home

As of August 2021

MAJOR RENOVATIONS happening in this 14-unit apartment complex and tri-plex with additional garage and garage apt in great neighborhood location in Hibbing. Two apartments are being completely renovated, and a steam to natural gas heat is being installed in three of the buildings! There are new windows throughout and the roofs were done in 2011 and 2013. There is a convenient parking lot between buildings. Classic looking apts have beautiful coved ceilings with newer doors. There are 5 apartments in 610 and 5 apts in 610 1/2. Mailboxes in 610 and laundry room is in 610 1/2. There are 3 apts in 2310 and a Garage apt. This 10-unit apartment complex is being sold together with the white 4-unit property adjacent at 2310 6th Ave E, a 3 unit house and garage apartment, for a total of 14 apartments. They share the parking lot at 610.

Last Agent to Sell the Property

Patti Stoddard

Perrella & Associates License #40572242 Listed on: 06/24/2020

Last Buyer's Agent

Patti Stoddard

Perrella & Associates License #40572242 Listed on: 06/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,024

Year Built

  • Built in 1929

Parking

  • Parking Lot

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 8,582 Sq Ft Home
  • Ceiling Fan

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Lot Details

  • Lot Dimensions are 325 x 100

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Available

Community Details

Overview

  • 14 Units

Building Details

  • Insurance Expense $567
  • Utility Expense $2,500
  • Gross Income $8,860
  • Net Operating Income $4,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,024

Year Built

Built in 1929

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Lvt Date: 06/24/2020
  • Percent Of Bsmnt Finished: 70
  • Real Estate Tax: 5024
  • Type: Apartment Complex
  • Year Built: 1929
  • Lot Size Length: 325
  • Lot Size Width: 100
  • Utilities Expenses: 2500
  • Insurance Expenses: 567
  • Laundry Storage: Inside Utility, Washer/Dryer
  • Net Income: 4475
  • Projected Income: 8860
  • Rent: Negotiable, One Year Lease
  • Repairs Maint Expenses: 462
  • Total Expense: 4685
  • Total Income: 9160
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 8582
  • Basement: Poured
  • Other Income: 300

Exterior Features

  • Exterior: Steel, Stucco, Wood
  • Outside Features: Balcony, Deck

Garage/Parking

  • Parking: Parking Lot, Five To Ten Cars

Utilities

  • Cooling: Ceiling Fan, Multi Window A/C
  • Utilities: City Sewer, City Water, Gas, Steam
  • Heating: Gas, Steam, Hot Water

Fee Information

  • Rent Income: 8860

Lot Info

  • Zoning: res

Rental Info

  • Actual Income: 5625

Multi Family

  • Management Expenses: 500
  • Number Of Units: 14

Tax Info

  • Taxes: 418
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
08/13/2021 08/13/21 Sold $275,000 0.0% $32 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $275,000 0.0% $32 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $275,000 0.0% $32 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $275,000 +83.3% $32 / Sq Ft
06/24/2020 06/24/20 For Sale $150,000 -- $17 / Sq Ft
Source: Range Association of REALTORS®

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Map

Source: Range Association of REALTORS®

MLS Number: 139694

Range Association of REALTORS®
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