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  • $490,900

    120 Washburn Ave, Belgrade, MN 56312

    3beds
    2baths
    1,000sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $490,900 Zestimate®
    $491/sqft
    $1,243 Estimated rent

    Home value

    $490,900

    $412,000 - $604,000

    $1,243/mo

    Zestimate® history
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    $3,027/mo

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    What's special

    Great Investment Opportunity with 11% Cap Rate & Seller Financing Options Available. 14 Unit mobile home park in great condition with many recent updates including new storm shelters, water meters, electrical pedestals, storage sheds, parking pads, and 4 newer trailers. $5,000+ in monthly rental income with 3 vacant pads to fill for additional cash flow plus one vacant trailer. Six trailers are tenant owned with each paying $250 in rent plus water/sewer. Five trailers are owned by seller producing $850-$1000 in monthly rent. Storage shed on site for owners’ personal property and plenty of off street parking for guests. No vacancies in this growing area with many successful businesses needing employees and housing.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew A. Imdieke 320-420-1295,

    Central MN Realty LLC

    Bought with:

    Matthew A. Imdieke

    Central MN Realty LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6317908MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 1,000
    • Total interior livable area: 1,000 sqft
    • Finished area above ground: 1,000
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    Lot
    • Size: 2.3 Acres
    • Dimensions: 290 x 400
    • Topography: Level
    Details
    • Foundation area: 1000
    • Parcel number: 44273080000
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Kalkmans Add
    Location
    • Region: Belgrade

    Financial & listing details

    • Price per square foot: $491/sqft
    • Annual tax amount: $3,104
    • Date on market: 12/20/2022
    • Cumulative days on market: 24 days
    • Tenant pays: Broadband, Cable TV, Electricity, Fuel, Gas, Water/Sewer

    Price history

    DateEventPrice
    3/3/2023Sold$400,000-5.9%$400/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6317908 Report a problem
    1/8/2023Pending sale$425,000$425/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6317908 Report a problem
    12/20/2022Listed for sale$425,000$425/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6317908 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 56312

    Nearby schools

    GreatSchools rating
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