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Active
$240,000
/mo Edit
Multi-family:  Triplex
5 br • 3 ba • Built 1977
2,054 sqft • 0.21 acres
Brainerd schools
MLS# 7154975
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    Property Description

    Opportunity to own this Tri- Plex on Mill Avenue in Brainerd. All apartments are currently occupied with a month to month lease since the original leases have expired. Listing agent is a licensed Realtor related to seller. Listing agent is a heir and beneficiary of the Estate and has a financial interest in the sale of the property. Probate sale, per Estate counsel the administrator is required to meet a 14 -day minimum market exposure period before accepting or negotiating any offers. Property is being sold as-is.

    Listing

    Contingency: None
    Price per sq ft: $117
    City: Brainerd
    County: Crow Wing
    State: MN
    Property Style: Triplex
    Zip Code: 56401
    Subdivision Name: Schwartzs Add The City Of Brainerd

    Interior

    Living Area: 2,054 ft2
    Refrigerators: Three
    Basement Details: Finished

    Exterior

    Stories: One and One Half
    Garage Spaces: 1
    Garage Dimensions: 22'x22'x22'x18'
    Garage Size: 484 ft2
    Foundation Size: 1,014 ft2
    Foundation Dimensions: 39x26x39x26
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Frame
    Pool: None
    Roof Details: Asphalt

    Rooms

    Laundry: Main Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.21
    Geolocation: 46.370374, -94.178747
    Lot Dimensions: 100.00 x 87.85 x 100.09 x 91.94
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Farm

    Topography: Level

    Schools

    School District: 181
    District Phone: 2184546900

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $4,768
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $1,380
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,634
    Tenant Expenses: Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,091
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,116

    Income

    Annual Gross Income: $30,060

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Brainerd Public Utilities

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