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Active NEW!
$199,900
/mo Edit
Multi-family:  Triplex
Built 1939
2,928 sqft • 0.19 acres
New Ulm schools
MLS# 6764146
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    Property Description

    Cash flowing triplex in New Ulm now available. Original hardwood floors, shared washer and dryer accessible to all units on main level. Plenty of potential off street parking in back of property accessed thru alley. Upper unit rents for $925, main level $850. Lower level is a large efficiency with walk out floor plan. It is currently owner occupied but in past rented for $600. Owner currently pays for all utilities.

    Listing

    Contingency: None
    Price per sq ft: $68
    City: New Ulm
    County: Brown
    State: MN
    Property Style: Triplex
    Zip Code: 56073
    Subdivision Name: North Of Center

    Interior

    Living Area: 2,928 ft2
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Walkout

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,200 ft2
    Handicap Accessible: Other
    Heating System: Forced Air
    Parking Features: Driveway - Other Surface
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.19
    Geolocation: 44.321744, -94.464417
    Lot Dimensions: 50 x 165
    Zoning: Residential-Multi-Family

    Schools

    School District: 88
    District Phone: 507-359-8401

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $5,040
    Annual Fuel Expense: $5,040
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,040
    Annual Trash Expense: $88
    Annual Water/Sewer Expense: $5,040

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,566
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,794

    Income

    Annual Gross Income: $27,000

    Units

    Total Units: 3

    Miscellaneous

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

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    Payment:  /mo

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