For Sale: Bovey MLS# 6747467
Active
NEW!
$89,900
Multi-family: Four Plex
Built 1967
400 sqft • 0.22 acres
Greenway schools
MLS# 6747467

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Property Description
Multi unit income producing property. Three of the units have long term tenants and rent for $575 a month. These are independant units and each have one bedroom a full or ¾ bath, wall A/C units, vinyl siding and updated windows. The 4th unit is a 2 bedroom 1 ½ bath with large roomy kitchen and living room rents for $650 a month All units have off street parking and shared grounds.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$89,900
Price per sq ft:
$225
Property Type:
Multi-family
City:
Bovey
Garage Spaces:
0
County:
Itasca
Year Built:
1967
State:
MN
Property Style:
Four Plex
Zip Code:
55709
Subdivision Name:
Bovey
Interior
Finished Area:
400 ft2
Living Area:
400 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
400 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Space Heater
Parking Features:
Driveway - Other Surface
Shared Amenities:
Other
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.22
Geolocation:
47.295906, -93.419837
Lot Dimensions:
75 x 125
Zoning:
Other
Lot Description:
Cleared
Farm
Topography:
Level
Schools
School District:
316
District Phone:
218-247-7306
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$3,500
Annual Fuel Expense:
$2,000
Annual Insurance Expense:
$1,544
Annual Maintenance Expense:
$1,375
Annual Gross Expense:
$13,774
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,383
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$842
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$1,488
Income
Annual Gross Income:
$28,500
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.
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.