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Active NEW!
$249,700
/mo Edit
Commercial:  Apartments/Retail
Built 1920
Thief River Falls schools
MLS# 6656173
My rating:
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    Property Description

    Upstairs is a fully furnished Airbnb that is typically rented every weekend or on one to 3 month contracts.

    Listing

    Contingency: None
    City: Thief River Falls
    County: Pennington
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56701
    Subdivision Name: Red Lake Rapids Add

    Interior

    Ceiling Height: Varied Heights
    Ranges: One
    Refrigerators: One
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Freezer
    • Fuel Tank - Rented
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 2
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 2,626 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Heated Garage
    Unit Amenities:
    • Balcony
    • Ceiling Fan(s)
    • Vaulted Ceiling(s)
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details: Metal

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Red Lake River
    Waterfront View: River
    DNR Lake ID#: S9990651
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River View

    Lot & Land

    Geolocation: 48.116804441, -96.1760390734
    Inclusions: Building, Land, Other
    Lot Dimensions: Na
    Zoning: Business/Commercial
    Lot Description: Accessible Shoreline

    Schools

    School District: 564
    District Phone: 218-681-8711

    Expenses

    Annual Electric Expense: $2,672
    Annual Insurance Expense: $1,200
    Annual Gross Expense: $3,872
    Annual Trash Expense: $780
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,468
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,468

    Income

    Annual Gross Income: $31,417

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of 123 For Sale Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.