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$365,000

1 Beds 0 Baths 3,352 SQFT 0.15 Acres
Type: Multi-Family

2126 3rd Avenue E
Hibbing, MN 55746

MLS#: 7141983
Karen Lunzer
Karen Lunzer
The Real Estate Advantage
Agent
Phone: 651.307.7925
Office: 651.272.4688
Presented by: Coldwell Banker Realty

Property Description

 

Investment opportunity for (8)-unit rental property. 7/8 are currently occupied. Main building has individual meters. Each unit has private bathroom and full kitchen. Walkable to downtown, city parks, Hibbing Community College, library, and restaurants.

 

Interior Features

Bedrooms

Total Bedrooms1

Bathrooms

Total Baths0

Other Interior Features

Above Grade Finished Area3,352 sqft
BasementFull, Shared Access
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelElectric, Natural Gas
Garage Square Feet0
Laundry FeaturesWasher Hookup

General

AccessibilityNone
Additional Parcels Y/NNo
CityHibbing
ContingencyNone
CountySt. Louis
DirectionsFrom Grand Rapids, Hwy 169 E to Hibbing, N on First Ave, E 23rd St, North Third Ave E, House on Right
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income83640
HeatingBaseboard, Boiler, Radiant
High School DistrictHibbing
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,352 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense0
Net Operating Income42625
New ConstructionNo
Number Of Units Total2
Operating Expense0
OwnerPaysCommon Area Maintenance, Electricity, Gas, Grounds Care, Heat, Hot Water, Management, Other, Sewer, Snow Removal, Taxes, Trash Collection, Water
PostalCityHibbing
Property SubtypeApartment
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCentral Add To Hibbing
Tax Annual Amount$4,578
Tax Year2026
Tenant PaysBroadband, Cable TV, Electricity, Heat
Trash Expense0
Water Sewer Expense0
Year Built1910

Exterior

Building Area Total0 sqft
Foundation Area1,352 sqft
Lot Dimensions125x58x125x45
Lot Size Area6,416 sqft
Parking FeaturesOn-Street Parking Only
Road Frontage TypeCity Street, Paved Streets
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
High School N/A
Elementary School N/A

  

Similar Properties

$365,000

1 Beds 0 Baths 3,352 SQFT 0.15 Acres
Type: Multi-Family

2126 3rd Avenue E
Hibbing, MN 55746

MLS#: 7141983
Karen Lunzer
Karen Lunzer
The Real Estate Advantage
Agent
Phone: 651.307.7925
Office: 651.272.4688

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