a Berkshire Hathaway affiliate

$200,000

328 E 4th Street, Litchfield, MN 55355


$200,000

Off-Market Date: 3/29/2021

328 E 4th Street Litchfield, MN 55355

Pending MLS# 5726558

5 beds 4 baths 2,832 sq ft Multi-family

Data current as of {{getLocalTime('2021-04-18T17:15:51Z')}}

Details

MLS# 5726558

Description for 328 E 4th Street, Litchfield, MN, 55355


25% down payment from the new investor has promise of $800+ monthly revenue! 5% Conventional down payment owner occupant shows promise of 100% free living, tenants pay down your mortgage. Do not let the price tempt you away from the real numbers of this income producing property. 3 of 4 units have been rented to same tenants for 3+ years and happy to stay. Three units are 1 bed 1 bath: 1 unit is 2 bed 1 bath. It is Closer than you think: 66 miles to the heart of Minneapolis.42 miles to St Cloud37 miles to Buffalo 27 miles to Willmar21 miles to Hutchinson

Listing Information


Property Type: Multi-family, Fourplex, 2 Stories

Status: Pending

Bedrooms: 5

Bathrooms: 4

Lot Size: 0.39 Acres

Square Feet: 2,832 sq ft

Year Built: 1890

Foundation: 1,416 sq ft

Garage: No

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 4

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Meeker

Days On Market: 6

HERS Score:

Construction Status: Previously Owned

School Information


District: 465 - Litchfield

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 4

Interior Features


Square Footage above: 2,832 sq ft

Square Footage below:

Flooring:

Basement: Poured Concrete, Concrete Block, Drain Tiled

Additional Interior Features:

Utilities


Water: City Water - In Street, City Water/Connected

Sewer: City Sewer - In Street, City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Boiler, Natural Gas

Exterior / Lot Features


Parking Description: Driveway - Concrete, Garage Sq Ft - 0

Exterior: Shakes, Wood

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 80 x 210

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City, Paved Streets

Soil Type:

Tillable Acres:

Driving Directions


Sibley Ave to 4th Street East. Property on is on the right.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Cable T.V.,Janitorial,Snow,Lawn,Broadband

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

Annual Income: $29,400

Annual Expense: $8,193

Ownership Type:

Tax/Property ID: 271413000

Tax Amount: $2,152

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$200,000 Original Price
$200,000 Current Price
+$0 Total Change
Date Price Change
3/23/2021 01:40 PM $200,000

Sales History

Date Price Change
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Schools nearby 328 E 4th 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

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

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings