Belgrade, MN 56312,120 Washburn AVE
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Belgrade, MN 56312,120 Washburn AVE
Belgrade, MN 56312,120 Washburn AVE
Belgrade, MN 56312,120 Washburn AVE
Belgrade, MN 56312,120 Washburn AVE

$400,000

Est. payment /mo

$425,000

5.9%
Est.Price: ?

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120 Washburn AVE Belgrade, MN 56312

1,000 SqFt

SOLD DATE : 03/03/2023

Key Details

Sold Price $400,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $400

Subdivision Kalkmans Add

MLS Listing ID 6317908

Sold Date 03/03/23

Year Built 1980

Annual Tax Amount $3,104

Tax Year 2022

Contingent None

Lot Size 2.300 Acres

Acres 2.3

Lot Dimensions 290x400

Property Description

Great Investment Opportunity with 11% Cap Rate & Seller Financing Options Available. 14 Unit mobile home park in great condition with many recent updates including new storm shelters, water meters, electrical pedestals, storage sheds, parking pads, and 4 newer trailers. $5,000+ in monthly rental income with 3 vacant pads to fill for additional cash flow plus one vacant trailer. Six trailers are tenant owned with each paying $250 in rent plus water/sewer. Five trailers are owned by seller producing $850-$1000 in monthly rent. Storage shed on site for owners’ personal property and plenty of off street parking for guests. No vacancies in this growing area with many successful businesses needing employees and housing.

Location

State MN

County Stearns

Zoning Residential-Multi-Family

Rooms

Basement None

Interior

Heating Forced Air

Fireplace No

Building

Story One

Foundation 1000

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Vinyl Siding

New Construction false

Schools

School District Belgrade-Brooten-Elrosa

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Listed by Matthew Imdieke • Central MN Realty LLC

Amber Hartman

Advisor | License ID: 40446698

+1(612) 701-0209

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