450 Murray Avenue
Pine River, MN 56474
MLS# 5763019
Status: Closed
6 beds | 4 baths | 2508 sqft
Pine River, MN 56474
MLS# 5763019
Status: Closed
6 beds | 4 baths | 2508 sqft
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Property Description
Pine River 4 unit property. One three bedroom apartment and three one bedroom apartments make up this property. The apartments sit on a gorgeous 1.4 acre lot with a swing set and two storage sheds. The two stall garage is currently used by owners, but could increase the rent for a renter. Tenants pay utilities except for water/sewer and garbage. Don't miss this investment opportunity!
Details
Maps
None
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2021-06-19
Contingency: None
Current Price: $280,000
Closed Date: 2021-08-23
Original List Price: 299900
Sales Close Price: 280000
List Date: 2021-05-26
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Bath Full: 1
Bath Three Quarters: 3
Baths Total: 4
Above Ground SqFt: 1584
Below Grd Total SqFt: 924
Total SqFt: 2508
FireplaceYN: No
Foundation Size: 924
Style: (MF) Four Plex
Total Finished Sqft: 2508.00
Garage Stalls: 2
Lot Dimensions: irrx326x200x270
Acres: 1.4
Assessment Pending: No
Location, Tax and Other Information
Legal Description: PART OF GOV LOT 6, SEC 31-138-29
Map Page: 999
Municipality: Pine River
Rental License?: No
School District Phone: 218-587-4720
House Number: 450
Street Name: Murray
Street Suffix: Avenue
Postal City: Pine River
County: Cass
State: MN
Zip Code: 56474
Zip Plus 4: 5067
Map Coordinate Source: King's Street Atlas
Property ID Number: 942313204
Tax Year: 2020
In Foreclosure?: No
Tax Amount: 2586
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Pine River 4 unit property. One three bedroom apartment and three one bedroom apartments make up this property. The apartments sit on a gorgeous 1.4 acre lot with a swing set and two storage sheds. The two stall garage is currently used by owners, but could increase the rent for a renter. Tenants pay utilities except for water/sewer and garbage. Don't miss this investment opportunity!
Directions: From 371N continue on to a right on Main St. to a right on Murray Ave, property is on the right.
Assessments
Tax With Assessments: 2652
Building Information
Finished SqFt Above Ground: 1584
Finished SqFt Below Ground: 924
Income and Expenses
Annual Gross Expenses: 2520
Annual Gross Income: 22500
Annual Insurance Expense: 917.2
Annual Net Income: 19062.8
Annual Water/Sewer Expense: 2520
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: GLAR
Miscellaneous Information
DP Resource: Y
FIPS Code: 27021
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 24x22
Garage Square Feet: 528
Public Survey Info
Range#: 29
Section#: 31
Township#: 138
Unit Details
Total Units: 4
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Finished (Livable)
Construction Status: Previously Owned
Electric: 100 Amp Service
Exterior: Cement Board
Fencing: None
Financing Terms: Conventional
Fuel: Electric; Natural Gas
Heating: Baseboard; Forced Air
Internet Options: DSL
Lock Box Type: SentriLock
Lot Description: Irregular Lot
No. of Ranges: Four
No. of Refrigerators: Three
Parking Characteristics: Attached Garage; Driveway - Asphalt
Pool Description: None
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Water: City Water/Connected
Listing Office: eXp Realty
Last Updated: January - 05 - 2023
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