NOT LISTED FOR SALE

702 3rd St Barrett, MN 56311

6 Beds
3 Baths
2,313 Sq Ft
0.4 Acres

Last Sold July 14, 2023

Last sale price $220,000 $95 Per Sq Ft

27 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Coin Laundry
  • 4 Car Attached Garage
  • Baseboard Heating

About This Home

As of July 2023

Investment property at it's finest! This triplex, located on a large corner lot in Barrett, offers the potential to have your mortgage payments greatly lessened, or even covered, by having a renter or two. The rental units are an attached duplex with up/down configuration, giving you the privacy of occupying one of the units yourself. Each unit has 2 bedrooms and 1 bathroom in it, giving the tenants ample room to move in each unit. There is also a detached, double garage for storing cars if the renters should chose to utilize this option. This home not only offers great potential for an investment property, but also could be converted into a 6 bedroom, 3 bathroom home with some finishing touches to be made. If you are looking for a home with plenty of room to grow, look no further. This home boasts an updated roof, vinyl siding, a tar driveway, as well as all of the appliances being included in the sale of the property! Don't miss out on your opportunity to invest in your future!

Last Agent to Sell the Property

Christy Schmitz

Edina Realty, Inc. Listed on: 05/15/2023

Edina Realty, Inc.

Last Buyer's Agent

Christy Schmitz

Edina Realty, Inc. Listed on: 05/15/2023

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1976

Lot Details

  • 0.4

Parking

  • 4 Car Attached Garage

Home Design

  • Triplex
  • Vinyl Siding

Interior Spaces

  • 2,313 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Corner Lot
  • Baseboard Heating

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for grounds care, snow removal, trash collection
  • Assessor Parcel Number 180141000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,842

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 2313
  • Water Body Name: Franklin Lake (56075900)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full, Unfinished
  • Living Area: 2313
  • Owner Pays: Grounds Care, Snow Removal, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Dryer,Microwave,Range
  • Number Of Fireplaces: 0
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Detached

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Electric

Schools

  • Junior High Dist: West Central Area
  • SchoolDistrictPhone: 320-528-2650

Lot Info

  • Lot Size: 150 135 150 135
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 180141000
  • Tax Annual Amount: 2842
  • TaxWithAssessments: 2842.0000

Multi Family

  • TenantPays: Electricity
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Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2023 07/14/23 Sold $220,000 0.0% $95 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $220,000 -- $95 / Sq Ft
Source: NorthstarMLS

Tax History

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
2025 $3,944 $199,000 $8,700 $190,300
2024 $3,944 $213,000 $8,700 $204,300
2023 $3,010 $208,600 $8,300 $200,300
2022 $2,842 $200,200 $8,300 $191,900
2021 $2,788 $181,000 $8,300 $172,700
2020 $2,852 $173,600 $8,300 $165,300
2019 $2,756 $169,400 $8,300 $161,100
2018 $2,360 $165,800 $8,300 $157,500
2017 $2,626 $0 $0 $0
2016 $2,594 $0 $0 $0
2015 $2,504 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6370468

NorthstarMLS

APN: 18-0141-000