$219,900
Bagley, MN 56621
MLS# 6505438
4 beds | 2 baths | 1792 sqft
1 / 19
Property Description
Great investment opportunity for this high-demand duplex in Bagley. Each unit is a "mirror image" of the other and each has a furnace, central air, washer, dryer, and deck! The tenants pay for all utilities. Includes a paved driveway, insulated garage, new stainless kitchen appliances, and bonus storage building that the landlord is currently using but could be a bonus for one of the rental units. The unit is built with a crawlspace, so it has easy access to plumbing, electrical, and ductwork if any maintenance is needed. This duplex has had an impeccable rental history!
Details
Maps
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Contingency: None
Current Price: $219,900
Original List Price: 219900
ListPrice: 219900
List Date: 2024-03-18
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1997
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 2
Main Floor Total SqFt: 1792
Above Ground SqFt: 1792
Total SqFt: 1792
Foundation Size: 1792
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1792.00
Garage Stalls: 2
Lot Dimensions: 70x115.4
Acres: 0.19
Assessment Pending: No
Location, Tax and Other Information
Legal Description: LOT 4 LESS S 80', BLK 4; E 70' OF VACATED ALLEY LYING N OF LOT 4; LOT 8 S 30' OF E 70' OF BLOCK 5;
PLEASANT ADDITION
Listing City: Bagley
Map Page: 999
Municipality: Bagley
Rental License?: No
School District Phone: 218-694-6184
House Number: 25&27
Street Name: Pine
Street Suffix: Avenue
Street Direction Suffix: NW
Postal City: Bagley
County: Clearwater
State: MN
Zip Code: 56621
Zip Plus 4: 4062
Property ID Number: 233060140
Complex/Dev/Subdivision: Pleasant Add
Tax Year: 2024
In Foreclosure?: No
Tax Amount: 3020
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Great investment opportunity for this high-demand duplex in Bagley. Each unit is a "mirror image" of the other and each has a furnace, central air, washer, dryer, and deck! The tenants pay for all utilities.
Includes a paved driveway, insulated garage, new stainless kitchen appliances, and bonus storage building that the landlord is currently using but could be a bonus for one of the rental units. The unit is built with a crawlspace, so it has easy access to plumbing, electrical, and ductwork if any maintenance is needed. This duplex has had an impeccable rental history!
Directions: Approximately 7 blocks west of stop lights (next to the Tesoro station).
Assessments
Tax With Assessments: 3020
Building Information
Finished SqFt Above Ground: 1792
Income and Expenses
Annual Gross Expenses: 4871
Annual Gross Income: 18599
Annual Insurance Expense: 1318
Annual Maintenance Expense: 335
Annual Net Income: 13729
Annual Repair Expense: 200
Total Annual Expenses: 4871
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 24x24
Garage Square Feet: 576
Unit 1
Furnished?: N
Leased?: Y
Level: Main Level
Unit Number: 1
Annual Rent: 9000
Finished SqFt: 896
Full Baths: 1
Monthly Expense: 1
Monthly Rent: 750
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit 2
Furnished?: N
Leased?: Y
Level: Main Level
Unit Number: 2
Annual Rent: 9600
Finished SqFt: 896
Full Baths: 1
Monthly Expense: 1
Monthly Rent: 800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Crawl Space
Construction Materials: Frame
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Vinyl
Fencing: Privacy; Wood
Fuel: Natural Gas
Heating: Forced Air
Laundry: Electric Dryer Hookup; In Hall; Washer Hookup
Lot Description: Corner Lot
No. of Ranges: Two
No. of Refrigerators: Two
Parking Characteristics: Attached Garage; Insulated Garage
Patio, Porch and Deck Features: Deck
Road Frontage: City Street; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Stories: One
Tenant Pays: All Utilities
Topography: Level
Unit 1 Amenities: Deck; Washer/Dryer Hookup
Unit 1 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Kitchen/Dining Room
Unit 1 Special Search: Main Floor Laundry
Unit 2 Amenities: Deck; Washer/Dryer Hookup
Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Kitchen/Dining Room
Unit 2 Special Search: Main Floor Laundry
Water: City Water/Connected
Listing Office: Realty Experts, LLC
Last Updated: April - 01 - 2024
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