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Active NEW!
$219,900
/mo Edit
Multi-family:  Triplex
Built 1910
2,098 sqft • 0.11 acres
Bemidji schools
MLS# 6770655
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    Property Description

    Investment opportunity in a convenient mid-town location! On the corner of 11th and Bemidji, this triplex offers quick access to BSU, dining, entertainment, shopping, and parks. There are two 1-bedroom units and one 2-bedroom unit, along with some updates such as a boiler, soffits, facia, and gutters. Current leases are in place with good rental history.

    Listing

    Contingency: None
    Price per sq ft: $105
    City: Bemidji
    County: Beltrami
    State: MN
    Property Style: Triplex
    Zip Code: 56601
    Subdivision Name: Second Add

    Interior

    Living Area: 2,098 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Block
    • Egress Window(s)
    • Partial
    • Partially Finished
    • Single Tenant Access

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 800 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features: Gravel
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle
    • Rolled/Hot Mop

    Lot & Land

    Acres: 0.11
    Geolocation: 47.478799, -94.880042
    Lot Dimensions: 50 x 100
    Lot Description: Corner Lot

    Schools

    School District: 31
    District Phone: 218-333-3100

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1
    Annual Maintenance Expense: $1
    Annual Gross Expense: $6,480
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,226
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,226

    Income

    Annual Gross Income: $28,680

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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