Alexandria, MN 56308 1407 State Highway 29 N
$298,000
5 more
Presented By: Century 21 First Realty, Inc.
Beds • 9
Baths • 4
SQFT • 5,304
Home Details
4-unit income property with central air and a steady income history. This property has solid cash flow, currently generating $3650.00 per month. The roof was replaced in 2021, and the well pump was replaced in 2022, along with many updates (See Supplement in Documents). These units are spacious and rarely vacant. Each unit has its own basic appliances and a washer & dryer, all utilities are included in the rent and paid by the owner. City water has been stubbed into the property and the assessment has been paid, a private water well with a new pump serves the property now. The yard is big and beautiful with many trees with a beautiful stream flowing through between Lakes Geneva & Le Homme Dieu.
Presented By: Century 21 First Realty, Inc.
Interior Features for 1407 State Highway 29 N
Other Interior Features
Above Grade Finished Area3776
BasementBlock, Finished, Full
Basement (Y/N)Yes
Below Grade Finished Area1528
FuelElectric, Natural Gas
Garage Square Feet
General for 1407 State Highway 29 N
AccessibilityNone
Additional Parcels Y/NNo
Buyer Agent Compensation2.00
Buyer Agent Compensation Type%
CityAlexandria
Construction MaterialsVinyl Siding, Wood Siding
ContingencyInspection
CountyDouglas
Days on Market25
DirectionsFrom Alexandria, State Hwy 29 N to left on Northside Drive to home on right.
Electric Expense4700.52
Fuel Expense1570.2
Garage Spaces
Gross Income43800
HeatingBaseboard, Forced Air
High School DistrictAlexandria
Insurance Expense859.8
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense1535.52
NST_SqFtTotal5304.00
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense16195.92
OwnerPaysElectricity, Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
PostalCityAlexandria
Property SubTypeQuadruplex
Property TypeResidential Income
RoofAsphalt, Pitched, Shingle
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount3606
Tax Year2024
Tenant PaysCable TV
Trash Expense1568.64
Water Sewer Expense346
Year Built1954
Zoning DescriptionResidential-Multi-Family
Exterior for 1407 State Highway 29 N
Foundation Area1528
Lot Dimensions167x262x168x263
Lot Size Area1.01
Parking FeaturesGravel, Paved
Road Frontage TypeHighway
Road ResponsibilityPublic Maintained Road
Water SourceDrilled, Private, Well
Additional Details
Price History
John Wichmann
Agent
