NOT LISTED FOR SALE

703 & 703 1/2 3rd St S Virginia, MN 55792

6 Beds
3 Baths
1,869 Sq Ft
1978 Built

Last Sold May 03, 2022

Last sale price $100,000 $54 Per Sq Ft

Highlights

  • Patio
  • Ceiling Fan
  • Washer and Dryer
  • Rock Ridge High School Rated 10
  • Hot Water Heating System
  • 2-minute walk to Angel Of Hope Children's Memorial Park

About This Home

As of May 2022

Great rental property investment opportunity, well established for numerous years. You could live in one unit and rent the rest, or just leave the renters as is. Very well manintained. Call for your showing today, 24 HOUR NOTICE IS MUCH APPRECIATED

Last Agent to Sell the Property

Samantha Koivunen

Dane Arthur Real Estate Agency License #40444533 Listed on: 03/22/2022

Last Buyer's Agent

Samantha Koivunen

Dane Arthur Real Estate Agency License #40444533 Listed on: 03/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,206

Year Built

  • Built in 1978

Parking

  • Paved Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,869 Sq Ft Home
  • Ceiling Fan
  • Washer and Dryer

Utilities

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

Additional Features

  • Patio
  • Lot Dimensions are 120 x 25

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,830
  • Utility Expense $7,015
  • Gross Income $24,300
  • Net Operating Income $13,249

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,206

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi Family
  • Construction: Wood Frame
  • Lvt Date: 03/22/2022
  • Real Estate Tax: 2206
  • Total Above Grade Sq Ft: 1869
  • Type: Triplex
  • Year Built: 1978
  • Inclusions: ALL APPLIANCES
  • Lot Size Length: 120
  • Lot Size Width: 25
  • Utilities Expenses: 7015
  • Insurance Expenses: 1830
  • Laundry Storage: Washer/Dryer
  • Net Income: 13249
  • Projected Income: 24300
  • Rent: Month To Month, Six Month Lease
  • Repairs Maint Expenses: vary
  • Total Expense: 11051
  • Total Income: 24300
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Finished Sq Ft: 1869
  • Main Level Sq Ft: 1281
  • Upper Level Sq Ft: 588

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle
  • Outside Features: Patio

Garage/Parking

  • Parking: Parking Area, On Street Parking, Paved

Utilities

  • Cooling: Ceiling Fan, Window Unit
  • Utilities: City Sewer, City Water, Gas
  • Heating: Electric, Hot Water

Fee Information

  • Rent Income: 24300

Schools

  • School District: Virginia

Lot Info

  • Zoning: Res

Rental Info

  • Actual Income: 24300

Multi Family

  • Number Of Units: 3

Tax Info

  • Taxes: 2206

Range of Values:

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $100,000 -16.6% $54 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $119,900 -- $64 / Sq Ft
Source: Range Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 142965

Range Association of REALTORS®