$47,900
723 5th Avenue
International Falls, MN 56649
MLS# 18-162
4 beds  |  3 baths  |  1842 sqft


Front of buildings
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Front of buildings 723 5th Avenue, International Falls, MN 56649 723 5th Avenue, International Falls, MN 56649 723 5th Avenue, International Falls, MN 56649 Front of both buildings 723 5th Avenue, International Falls, MN 56649

Property Description
Income producing tri-plex. Don't judge a book by its cover! These are very nice and well maintained apartments with recent improvements. New boiler and chimney liner in 2017 and rubber roof and roofing insulation in 2011. Long-term renters with one year leases already in place. There's an on-site laundry room with coin operated washer and dryer. The ''other'' expense is a potential rent loss due to vacancies-but this will vary. See documents for more detailed financial information. This listing along with 18-161 can be purchased as a package deal.

Details
Maps
Documents
None
Current Price: $47,900
Contract Information
MLS Code: 4975 - BMJ
List Price: $47,900
Owner is Agent: No
Rental License: No
In Foreclosure: No
Potential Short Sale: No
Lender Owned: No
Association Fee: No
Auction: No
General Property Information
# Units: 3
# Off Street Parking: 4
Total Full Baths: 3
Total Bathrooms: 3
Total Bedrooms: 4
Style: Other
Stories/Levels: 1 Story
Total Floors: 1
Finished Above Grade: 1842
Total Fnsh'd SqFt: 1842
Year Built: 1930
Aprox Lot Dimensions: 35x85
Approx Nbr of Acres: 0.07
Waterfront: No
Waterfront Name: None
Location, Tax and Other Information
House Number: 723
Street Name: 5th
Street Abbreviation: Avenue
Postal City: International Falls
County: Koochiching
State/Province: MN
Zip Code: 56649
Area: International Falls
Legal Description: S 42' OF W 1/2 OF LOT 21 & S 42' OF LOTS 22-24 BLK 65, PLAT OF INTL FALLS BLKS 51-99
Parcel Number: 92-007-65210
Township #: 99
Section #: 99
Range #: 99
Tax Classification: Non-Homestead
Tax Year: 2017
Tax Amount: 444
Assessments: No
Taxes w/Assessments: 444
School District: International Falls #361
Directions & Remarks
Directions: At the intersection of 11th st and 3rd ave, proceed 4 blocks to 7th st and turn west onto 7th st. Proceed 3 blocks and group of apartments are on the right corner.
Status Change Info
Status: Active
Square Footage
Total Above Gd SqFtg: 1842
Main Square Ftge: 1842
Total SqFt: 1842
Total Rooms Above Gr: 12
Unit 1
Total Rooms: 6
Total Bedrooms: 2
Total Baths: 1
Full Baths: 1
Leased: Yes
Monthly Rent $: 600
Unit 2
Total Rooms: 2
Total Bedrooms: 1
Total Baths: 1
Leased: Yes
Monthly Rent $: 350
Unit 3
Total Rooms: 4
Total Bedrooms: 1
Total Baths: 1
Full Baths: 1
Leased: Yes
Monthly Rent $: 400
Unit 4
Leased: No
Income & Expenses
Est. Annual Grs Inc: 16200
Est. Annual Grs Exp: 11450
Property Features
Basement Material: Poured Concrete; N/A
Basement Style: Crawl Space
Construction Type: Frame/Wood
Exterior: Stucco
Heat: Hot Water
Fuel: Natural Gas
Garage Type: None
Amenities - Exterior: Driveway - Gravel
Mechanicals: Water Heater - Elec
Owner Expenses: Fuel; Maint/Repair; Snow; Trash; Water/Sewer
Tenant Expenses: Cable TV; Electric
Road Frontage: Sidewalk
Restrict/Covnts: Pets-Number Limit
Roof: Flat; Rubber
Terms: Cash; Conventional
Unit 1 Applances: Range/Stove; Refrigerator
Unit 1 Ammenities: Broadband Available; Hardwood Floors; Natural Woodwork
Unit 2 Appliances: Range/Stove; Refrigerator
Unit 2 Ammenities: Broadband Available; Hardwood Floors; Natural Woodwork
Unit 3 Appliances: Range/Stove; Refrigerator
Unit 3 Ammenities: Broadband Available; Hardwood Floors; Natural Woodwork

Listing Office: Reed Realty IFalls

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Saturday 21st of July 2018 07:52 AM