a Berkshire Hathaway affiliate

$275,000

610 E 23rd Street, Hibbing, MN 55746


$275,000

Off-Market Date: 2/16/2021

610 E 23rd Street Hibbing, MN 55746

Pending MLS# 5673181

8,600 sq ft Commercial

Data current as of {{getLocalTime('2021-05-13T09:05:36Z')}}

Details

for 610 E 23rd Street

MLS# 5673181

Description for 610 E 23rd Street, Hibbing, MN, 55746


MAJOR RENOVATIONS happening in this 14-unit apartment complex and tri-plex with additional garage and garage apt in great neighborhood location in Hibbing. Two apartments are being completely renovated, and a steam to natural gas heat is being installed in three of the buildings! There are new windows throughout and the roofs were done in 2011 and 2013. There is a convenient parking lot between buildings. Renters say they love it here and seller says he doesn't have to advertise. Classic looking apts have beautiful coved ceilings with newer doors.There are 5 apartments in 610 and 5 apts in 610 1/2. Mailboxes in 610 and laundry room is in 610 1/2. There are 3 apts in 2310 and a Garage apt.This 10-unit apartment complex is being sold together with the white 4-unit property adjacent at 2310 6th Ave E, a 3 unit house and garage apartment, for a total of 14 apartments. They share the parking lot at 610.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.75 Acres

Square Feet: 8,600 sq ft

Year Built: 1929

Foundation: 900 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Fairview City Of Hibbing

Builder:

Foundation:

Total Units: 14

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: St. Louis

Days On Market: 126

HERS Score:

Construction Status: Previously Owned

School Information


District: 701 - Hibbing

Elementary:

Middle:

High:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Heating Common,Electric Separate,Electric Common,Hot Water Separate,Hot Water Common

Other Utilities:

Heating: Steam, Hot Water, Forced Air, Baseboard, Natural Gas

Exterior / Lot Features


Garage Spaces: 3

Parking Spaces: 8

Parking Description: Uncovered/Open, Detached Garage

Exterior: Metal, Stucco

Lot View:

Lot Dimensions: 325x100

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


These four buildings of apartments of 610 E 23rd St and 2310 6th Ave E triplex/Gr apt and additional single stall garage are located between Hibbing High School and the Hibbing Memorial Building and form a T. The tri-plex was built in 1940.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $72,000

Annual Expense: $56,000

Ownership Type:

Tax/Property ID: 140009001690

Tax Amount: $2,866

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$275,000 Original Price
$275,000 Current Price
+$0 Total Change
Date Price Change
10/16/2020 11:54 AM $275,000

Sales History

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Schools nearby 610 E 23rd Street

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

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