Breckenridge, MN 56520 217 5th Street S
$99,900
59 more
Presented By: Central MN Realty LLC
Beds • 4
Baths • 4
SQFT • 2,980
Garage • 4
Home Details
Investment opportunity knocks! This four-plex meets the 1% rule, making it a great addition to any portfolio. Each unit is a one-bedroom, one-bath, with a four-stall detached garage. Currently managed by a rental property management company, all utilities (except electric) are included in rent. Rents are currently below market, and the new owner could boost revenue by charging for garage parking and utilities. The basement offers shared storage and potential for coin laundry. Don’t miss this value-add opportunity!
Presented By: Central MN Realty LLC
Interior Features for 217 5th Street S
Other Interior Features
Above Grade Finished Area2980
BasementConcrete
Basement (Y/N)Yes
Below Grade Finished Area
FuelNatural Gas
Garage Square Feet810
General for 217 5th Street S
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityBreckenridge
Construction MaterialsFiber Cement
ContingencyNone
CountyWilkin
DirectionsFrom Highway 75 entering from the south end of town, drive north past Dacotah Ave, property will be on the left.
ElectricFuses
Electric Expense360
Fuel Expense1200
Garage Spaces4
Gross Income15251.67
HeatingBoiler
High School DistrictBreckenridge
Insurance Expense1500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2980
Lot Size UnitsAcres
MaintenanceExpense1135
New ConstructionNo
Number Of Units Total4
Operating Expense9119.04
OwnerPaysGas, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
PostalCityBreckenridge
Property SubtypeQuadruplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCity Breckenridge
Tax Annual Amount1540
Tax Year2024
Tenant PaysElectricity
Trash Expense1200
Virtual TourClick here
Water Sewer Expense360
Year Built1888
Exterior for 217 5th Street S
Building Area Total4280
Foundation Area1300
Lot Dimensions66x133
Lot Size Area0.2
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent