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$209,000
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1910
2,098 sqft • 0.114 acres
Bemidji schools
MLS# 7068991
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    Property Description

    Investment opportunity in a convenient in-town location! Situated on a corner lot with quick access to BSU, dining, entertainment, shopping, and parks, this well-maintained triplex offers strong income potential in a high-demand rental market. The property features two 1-bedroom units and one 2-bedroom unit. Units 2 and 3 are currently leased to tenants with a solid rental history, while Unit 1 is available for lease and comes furnished, offering flexibility for additional rental income or owner-occupied potential. Recent updates include new carpet and paint in Units 1 and 3, a new refrigerator in Unit 1, new ceiling tiles in Unit 3, updated electrical throughout, new decking on the property, plus a new boiler, soffits, fascia, and gutters. This is a great opportunity to expand your investment portfolio with a property in a location that consistently attracts renters.

    Listing

    Contingency: None
    Price per sq ft: $100
    City: Bemidji
    County: Beltrami
    State: MN
    Property Style: Triplex
    Zip Code: 56601
    Subdivision Name: Second Add

    Interior

    Living Area: 2,098 ft2
    Refrigerators: Three
    Basement Details: Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 800 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    Parking Features: Gravel
    Roof Details:
    • Architectural Shingle
    • Rolled/Hot Mop

    Rooms

    Laundry: None

    Lot & Land

    Acres: 0.114
    Geolocation: 47.478799, -94.880042
    Lot Dimensions: 50 x 100
    Zoning: Residential-Multi-Family

    Schools

    School District: 31
    District Phone: 2183333100

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,226
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,226

    Income

    Annual Gross Income: $1

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Grimes Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.