$154,900

1105 16th Avenue E, Hibbing, MN 55746


1105 16th Avenue E Hibbing, MN 55746

For Sale MLS# 6324115

3 beds 3 baths 1,800 sq ft Multi-family

Data current as of {{getLocalTime('2023-03-28T21:20:37Z')}}

Details for 1105 16th Avenue E

MLS# 6324115

Description for 1105 16th Avenue E, Hibbing, MN, 55746


Amazing investment opportunity! This property will cash-flow, or, owner occupy one unit and have the rental income offset expenses! Excellent rental history, in the busy, bustling town of Hibbing! Close to parks, the golf course, and the bike trails run all the way from Grand Rapids to Ely! Located right on the bus line for easy and inexpensive commute to work, shopping, schools, and medical facilities. All three units have had recent kitchen & bath updates to include: oak kitchen cabinets, countertops, sinks & faucets, flooring, and paint. Opportunities like this don't come by often, so don't miss out! Schedule your showing today!

Listing Information


Property Type: Multi-family, Triplex

Status: Active

Bedrooms: 3

Bathrooms: 3

Lot Size:

Square Feet: 1,800 sq ft

Year Built: 1920

Foundation: 912 sq ft

Garage: No

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 3

Current Use:

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: 67

HERS Score:

Construction Status: Previously Owned

School Information


District: 701 - Hibbing

Elementary:

Middle:

High:

Interior Features


Square Footage above: 1,800 sq ft

Square Footage below:

Flooring:

Basement: Concrete Block, Partial, Sump Pump, Owner Access, Storage Space

Accessibility: Partially Wheelchair

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Forced Air, Baseboard, Oil, Electric

Exterior / Lot Features


Parking Description: On-Street Parking Only, Driveway - Concrete, Uncovered/Open

Exterior: Cedar, Engineered Wood

Roof: Metal, Age 8 Years or Less

Lot View:

Lot Dimensions: 25x125x25xz125

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family,Residential-Single Family

Topography: Level

Fence: Privacy, Partial, Chain Link

Additional Exterior/Lot Features: Tree Coverage - Light, Public Transit (w/in 6 blks), Road Frontage - City, Sidewalks, Street Lights

Soil Type:

Tillable Acres:

Community Features


Community Amenities: Other

Complex Features: Coin-op Laundry Leased

Pets Allowed: No

Association Name:

Unit Information


Number of Units Like This: 1

Monthly Rent: 965

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Number of Units Like This: 1

Monthly Rent: 950

Total Baths: 1

Total Bedrooms: 1

Total Rooms: 3

Number of Units Like This: 1

Monthly Rent: 625

Total Baths: 1

Total Rooms: 1

Driving Directions


169 northbound to L on 13th St, approximately 2 blocks to R on 16th, all the way to 1105 on the L. No sign at property.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Broadband,Cable T.V.

Owner Pays: Electric,Fuel,Insurance,Lawn,Maintenance/Repair,Snow,Taxes,Trash,Water/Sewer

Annual Income: $30,480

Annual Expense: $13,000

Ownership Type:

Tax/Property ID: 014005002020

Tax Amount: $690

Tax Year: 2022

HomeStead Description: Non-Homesteaded

Price Changes


$154,900 Original Price
$154,900 Current Price
+$0 Total Change
Date Price Change
1/20/2023 01:31 PM $154,900

Sales History

Date Price Change
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Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 1105 16th Avenue E

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings