114 MAIN ST NW BETHEL, MN 55005

Features

• Price/sqft: $142
• Lot Size: 10500 sq. ft.
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Stories: 200
• Roof Type: GABLE
• Heating: Baseboard Heating
• Construction Type: Wood
• Exterior Walls: Siding (Alum/Vinyl)

Facts

• Year Built: 01/01/1945
• Property ID: 879348589
• MLS Number: 6523102
• Parcel Number: 25-34-24-41-0051
• Property Type: Single Family Home
• County: ANOKA
• Legal Description: LOTS 4 - 6 BLK 7 BETHEL
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Cash flowing triplex with solid rental history! Unit #1 features tall ceilings, a large stone fireplace, three bedrooms and all amenities on the first floor. Unit #2 features three bedrooms, fully remodeled on the first floor. This unit features new flooring throughout, new carpet in bedrooms, new cabinets and countertops in kitchen, new windows, new doors, new insulation, new appliances, new walls/ drywalls, and all new electrical and wiring, completed in 2024. Unit #3 features an upstairs two bedroom unit with a brand new deck done in 2023. Property also features new gutters added in 2023. Unit #1 and the garage are both rented to long-term tenants on 12-month leases. Unit #2 is currently vacant. Unit #3 is on a 6-month lease that ends on June 30th, 2024. Monthly rents are $1387 for Unit #1, $1361 for Unit #3, and $475 for the garage. Opportunity to increase cash flow as some rents are under market rate and Unit #2 is fully remodeled. Great opportunity for investors!