For Sale: Slayton MLS# 6654824
Active
$125,000
Multi-family: Four Plex
Built 1890
5,210 sqft • 0.17 acres
Murray County Central schools
MLS# 6654824
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Property Description
This 2009 remodeled church has been transformed into a charming 4-unit apartment building. Currently, the property generates $3, 560 in monthly rental income, with potential to increase to $4, 000 per month. The apartments range from 2 to 4 bedrooms, each offering 1 bathroom, a laundry area and tall ceilings. With a bit of TLC, this property can truly showcase its historical character, and each unit offers its own unique features and charm.
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Listing
Listing Status:
Active
Contingency:
None
List Price:
$125,000
Price per sq ft:
$24
Property Type:
Multi-family
City:
Slayton
Garage Spaces:
0
County:
Murray
Year Built:
1890
State:
MN
Property Style:
Four Plex
Zip Code:
56172
Subdivision Name:
Original
Interior
Finished Area:
5,210 ft2
Living Area:
5,210 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
- Raised
- Single Tenant Access
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0
Foundation Size:
2,395 ft2
Foundation Dimensions:
72x33
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Driveway - Other Surface
- Gravel
- Open
- Shared Driveway
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
- Vinyl Siding
- Wood Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.17
Geolocation:
43.986991, -95.75887
Lot Dimensions:
140 x 52
Zoning:
Residential-Multi-Family
Lot Description:
Irregular Lot
Schools
School District:
2169
District Phone:
507-836-6183
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$7,200
Annual Fuel Expense:
$3,000
Annual Insurance Expense:
$1,200
Annual Maintenance Expense:
$1,800
Annual Gross Expense:
$13,195
Annual Trash Expense:
$840
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,264
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,264
Income
Annual Gross Income:
$30,720
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Preferred Rlty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.