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$800,000

10 Beds 4 Baths 3,164 SQFT 0.71 Acres

Type: Multi-Family

39208-39214 Grand Avenue
North Branch, MN 55056

MLS#: 7140649

Najmo Ismail

The Real Estate Advantage

Realtor

Office: 952.470.7600

Visit Website

Presented by: Edina Realty, Inc.

Property Description

Looking for your next investment?? This property is it! 4 rented out town homes in North Branch MN. Each unit has it's own garage for tenants plus each unit is fenced in for privacy. The tenants have been renting here for many years and are reliable. This property offers solid rental income with multiple clean, functional units featuring practical layouts and good natural light. All the tenants have passed background checks and do not cause issues. They all have year leases and with Off street parking, mature trees, and usable yard space add convenience and curb appeal. A strong investment opportunity in a desirable location.

Interior Features

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths6

Other Interior Features

Above Grade Finished Area3,164 sqft

BasementNone

Basement (Y/N)No

Below Grade Finished Area0 sqft

FuelNatural Gas

Garage Square Feet120

General

AccessibilityNone

Additional Parcels Y/NNo

CityNorth Branch

ContingencyNone

CountyChisago

DirectionsHead toward Elm St.Continue on Elm St until it meets County Hwy-30.Follow County Hwy-30 toward Grand Ave.Continue straight until you reach 39208 Grand Ave.

Electric Expense0

Fuel Expense0

Garage Spaces4

Gross Income56400

HeatingForced Air

High School DistrictNorth Branch

Insurance Expense3800

Land Lease Y/NNo

Lender OwnedNo

LevelsTwo

Living Area3,164 sqft

Lot Size UnitsAcres

MaintenanceExpense0

New ConstructionNo

Number Of Units Total4

Operating Expense2620

OwnerPaysTaxes, Trash Collection

PostalCityNorth Branch

Property SubtypeFourplex

Property TypeResidential Income

SewerCity Sewer/Connected

Standard StatusActive

Tax Annual Amount$5,000

Tax Year2026

Tenant PaysElectricity, Gas, Heat, Water

Trash Expense1800

Water Sewer Expense820

Year Built1982

Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Building Area Total3,164 sqft

FencingWood

Foundation Area3,164 sqft

Lot Dimensions244x225

Lot Size Area0 sqft

Parking FeaturesDetached Garage

Water SourceCity Water/Connected

Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A

Middle School N/A

Elementary School N/A

Similar Properties

$800,000

10 Beds 4 Baths 3,164 SQFT 0.71 Acres

Type: Multi-Family

39208-39214 Grand Avenue
North Branch, MN 55056

MLS#: 7140649

Najmo Ismail

The Real Estate Advantage

Realtor

Office: 952.470.7600

Visit Website

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$800,000

39208-39214 Grand Avenue
North Branch, MN 55056

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$800,000

39208-39214 Grand Avenue
North Branch, MN 55056

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$800,000

39208-39214 Grand AvenueNorth Branch, MN 55056

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$800,000

39208-39214 Grand AvenueNorth Branch, MN 55056

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39208-39214 Grand Avenue
North Branch, MN 55056

39208-39214 Grand Avenue
North Branch, MN 55056