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Active NEW!
$269,900
/mo Edit
Multi-family:  Triplex
Built 1904
2,117 sqft • 0.09 acres
Brainerd schools
MLS# 6790770
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    Property Description

    This triplex offers outstanding potential for both investors and owner-occupants. The property features three one-bedroom units plus two bonus spaces. Units 1 and 2 each include the convenience of in-unit laundry. The lower-level bonus unit features a kitchenette and three-quarter bath, ideal for a home office, studio, or storage. The fifth space is an unfinished upper-level unit with separate access from the back of the home, offering even more opportunity to add value. A spacious porch provides a welcoming outdoor retreat, while a detached two-stall garage and additional private storage units give each resident extra space. With solid rental income and room to expand, this property is a rare find.

    Listing

    Contingency: None
    Price per sq ft: $127
    City: Brainerd
    County: Crow Wing
    State: MN
    Property Style: Triplex
    Zip Code: 56401
    Subdivision Name: Town Of Brainerd & First Add Bra

    Interior

    Living Area: 2,117 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 17.6x20.10
    Garage Size: 355 ft2
    Garage Door Height: 9
    Foundation Size: 588 ft2
    Fencing: Partial
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Shared Driveway
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.09
    Geolocation: 46.352424, -94.195215
    Lot Dimensions: 50 x 75
    Zoning: Residential-Multi-Family

    Schools

    School District: 181
    District Phone: 218-454-6900

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,660
    Annual Fuel Expense: $648
    Annual Insurance Expense: $1,010
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $5,055
    Annual Trash Expense: $400
    Annual Water/Sewer Expense: $1,247
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,192
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,192

    Income

    Annual Gross Income: $24,696

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