For Sale: Saint Peter MLS# 7135260
Active
$395,000
Multi-family: Fourplex
7 br • 4 ba • Built 1880
2,533 sqft • 0.314 acres
St. Peter schools
MLS# 7135260
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Property Description
Exceptional 7 Bedroom 4 Bath 4-Plex located on the corner of S. Minnesota Ave. and W. College Ave. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new exterior stucco repair and paint and some flooring. The property is licensed through the city and the gross rent is just under $4000/month. The tenants are responsible for paying their own electricity. There is ample off-street parking on the large gravel parking lot and the 3-stall garage.
This turn key property is definitely one to look at.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Price per sq ft:
$156
Property Type:
Multi-family
City:
Saint Peter
Garage Spaces:
3
County:
Nicollet
Year Built:
1880
State:
MN
Property Style:
Fourplex
Zip Code:
56082
Subdivision Name:
Amended
Interior
Bedrooms:
7
Bathrooms:
4
Finished Area:
2,533 ft2
Living Area:
2,533 ft2
Basement Details:
- Block
- Partial
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
25x35
Garage Size:
875 ft2
Foundation Size:
1,450 ft2
Foundation Dimensions:
45x52
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
- Detached Garage
- Gravel
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.314
Geolocation:
44.319495, -93.961926
Lot Dimensions:
87.5 x 156
Zoning:
Residential-Multi-Family
Schools
School District:
508
District Phone:
5079345703
Expenses
Annual Caretaker Expense:
$618
Annual Electric Expense:
$1,196
Annual Fuel Expense:
$2,856
Annual Insurance Expense:
$3,381
Annual Maintenance Expense:
$618
Annual Trash Expense:
$1,196
Annual Water/Sewer Expense:
$1,196
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,613
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,676
Income
Annual Gross Income:
$46,440
Units
Total Units:
4
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!
Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.