Cass Lake, MN 56633 423 1ST Street NW
$115,000
11 more
Presented By: Real Broker, LLC
Beds • 5
Baths • 3
SQFT • 3,024
Home Details
This triplex offers immediate cash flow with proven rental history. Currently generating $1,975 per month in gross rent, this property exceeds the 1% rule and is an excellent addition to any portfolio.
Presented By: Real Broker, LLC
Interior Features for 423 1ST Street NW
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths3
Other Interior Features
Above Grade Finished Area3024
BasementOwner Access
Basement (Y/N)No
Below Grade Finished Area0
Foundation Dimensions24x42
FuelElectric
Garage Dimensions
Garage Door Width
Garage Square Feet
General for 423 1ST Street NW
AccessibilityNone
Additional Parcels Y/NNo
CityCass Lake
ContingencyNone
CountyCass
DirectionsSouth on HWY 371 from US HWY 2. Take a left onto 1st St NW and the triplex will be on your left.
Electric Expense
Fuel Expense
Garage Spaces
Gross Income24300
HeatingBaseboard
High School DistrictCass Lake-Bena Schools
Insurance Expense1200
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area3024
Lot Size UnitsAcres
MaintenanceExpense1000
New ConstructionNo
Number Of Units Total3
Operating Expense3200
PostalCityCass Lake
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount1264
Tax Year2025
Tenant PaysElectricity, Fuel
Trash Expense0
Water Sewer Expense250
Year Built1940
Zoning DescriptionResidential-Multi-Family
Exterior for 423 1ST Street NW
Foundation Area1008
Lot Dimensions75.6x129.75.6x129
Lot Size Area0.22
Parking FeaturesOn-Street Parking Only, Parking Lot
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent