$129,900

423 First Street NW, Cass Lake, MN 56633


423 First Street NW Cass Lake, MN 56633

For Sale MLS# 6106252

7 beds 4 baths 2,490 sq ft Multi-family

Data current as of {{getLocalTime('2021-11-28T18:11:10Z')}}

Details for 423 First Street NW

MLS# 6106252

Description for 423 First Street NW, Cass Lake, MN, 56633


A great tri-plex rental property that has cash flowed for years in an active rental market. Water heater for tri-plex is in the basement. Apt. 2. uses street parking and has a gas stove that runs off a 100 lb propane tank located at ground level (this is the renters responsibility).

Listing Information


Property Type: Multi-family, Triplex, 2 Stories

Status: Active

Bedrooms: 7

Bathrooms: 4

Lot Size: 0.22 Acres

Square Feet: 2,490 sq ft

Year Built: 1920

Foundation: 1,336 sq ft

Garage: No

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: West Cass Lake

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: Cass

Days On Market: 61

HERS Score:

Construction Status: Previously Owned

School Information


District: 115 - Cass Lake-Bena Schools

Elementary:

Middle:

High:

Room Information


Bathrooms

3/4 Baths: 4

Interior Features


Square Footage above: 2,490 sq ft

Square Footage below:

Flooring:

Basement: Partial

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Electric, Baseboard

Exterior / Lot Features


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

Exterior: Wood, Cement Board

Roof: Pitched, Age Over 8 Years, Composition

Lot View:

Lot Dimensions: 75x130

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 2

Monthly Rent: 590

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Number of Units Like This: 1

Monthly Rent: 490

Total Baths: 1

Total Bedrooms: 1

Total Rooms: 4

Number of Units Like This: 1

Monthly Rent: 590

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Driving Directions


From the intersection of Hwy 2 and Hwy 371 in Cass Lake, MN, go south on Hwy 371 to First Street. Take a left (east) onto First Street and continue past the Balsam Ave intersection. Home will be on the left (north) side of the road.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Snow,Broadband

Owner Pays: Taxes,Water/Sewer,Trash

Annual Income: $20,040

Annual Expense: $1,712

Ownership Type:

Tax/Property ID: 853441025

Tax Amount: $816

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$139,900 Original Price
$129,900 Current Price
-$10,000 Total Change
Date Price Change
10/22/2021 02:59 PM $129,900 -$10,000
9/28/2021 11:05 AM $139,900

Sales History

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Schools nearby 423 First Street NW

Schools in attendance boundaries 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