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For Sale:  Saint Peter MLS# 7024459

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Active NEW!
$389,000
/mo Edit
Multi-family:  Four Plex
7 br • 5 ba • Built 1890
3,008 sqft • 0.253 acres
MLS# 7024459
763-576-8286
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    Property Description

    Your next investment property awaits you in St. Peter. This historic building with Victorian charm is a 4-plex that has been well taken care of and many updates have already been taken care of as well. The 4-plex is located one block from the Minnesota Square Park, close to Gustavus College and a short walk to all of the downtown amenities. There may be room behind the building to add garages. You would need to check with the City of St. Peter. The building has all new steel siding, new roof in Nov. 2023, new chimney with a new cement cap in Oct. 21, New stainless steel chimney liner from the top of the chimney to the furnace in May 21. All new appliances within the last 6 years, New water heater in 2019, Coin operated washer and dryer in the basement. New dryer in 2023. All windows are aluminum combination storm windows. The units are all leased and ready for a new owner.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $389,000
    Price per sq ft: $129
    Property Type: Multi-family
    City: Saint Peter
    Garage Spaces: 0
    County: Nicollet
    Year Built: 1890
    State: MN
    Property Style: Four Plex
    Zip Code: 56082
    Subdivision Name: Amended

    Interior

    Bedrooms: 7
    Bathrooms: 5
    Finished Area: 3,008 ft2
    Living Area: 3,008 ft2
    Refrigerators: Four
    Basement Details:
    • Full
    • Other
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,168 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lot & Land

    Acres: 0.253
    Geolocation: 44.321093, -93.964124
    Lot Dimensions: 155 x 71.13
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Schools

    School District: 1871
    District Phone: 5079345703

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $3,454
    Annual Insurance Expense: $4,799
    Annual Maintenance Expense: $418
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,614
    Tenant Expenses: Broadband, Cable TV, Electricity, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,354
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,354

    Income

    Annual Gross Income: $44,000

    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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    Payment:  /mo

    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 Weichert Realtors, Community Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.