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Active NEW!
$89,900
/mo Edit
Multi-family:  Triplex
6 br • 6 ba • Built 1950
3,087 sqft • 0.228 acres
MLS# 7069310
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    Property Description

    Investment opportunity in Halstad! This triplex features three spacious apartments, each offering 2 bedrooms, 2 bathrooms, and in-unit laundry. Great layout and strong potential for rental income after improvements. Property is being sold AS-IS and priced well below assessed value to account for needed remodeling and updates. Excellent opportunity for investors, flippers, or buyers looking to build equity. • Triplex • 3 units total • Each unit: 2 bed / 2 bath • In-unit laundry in every apartment • Strong value-add potential • Sold as-is Bring your vision and turn this property into a great income-producing asset! Message for more details or to schedule a showing.

    Listing

    Contingency: None
    Price per sq ft: $29
    City: Halstad
    County: Norman
    State: MN
    Property Style: Triplex
    Zip Code: 56548
    Subdivision Name: Suleruds 2nd Add

    Interior

    Living Area: 3,087 ft2
    Refrigerators: Three
    Basement Details: Unfinished

    Exterior

    Stories: One
    Garage Spaces: 3
    Foundation Size: 4,033 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Dual Fuel/Off Peak
    • Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Paved Lot
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.228
    Geolocation: 47.34998, -96.824972
    Lot Dimensions: 216 x 141
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family

    Schools

    School District: 2527
    District Phone: 2188615800

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,446
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,446

    Income

    Annual Gross Income: $21,600

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    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 Dakota Plains Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.