For Sale: Starbuck MLS# 6804603
Active
$150,000
Multi-family: Triplex
Built 1940
1,760 sqft • 0.07 acres
Minnewaska schools
MLS# 6804603
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Property Description
This triplex in the heart of Starbuck offers a fantastic opportunity for both investors or an owner occupant. Located just a few blocks from Lake Minnewaska and downtown amenities, the property features three separate units: two efficient studio apartments and one spacious two-bedroom, one-bath unit.
Currently fully leased, this property brings in $2, 150 per month in gross rents while retaining room to increase with minimal updates. Tenants are all on month to month leases and have the intention to stay should the new owner allow it.
Each unit has its own entrance, ensuring privacy and convenience for all tenants.
Whether you’re looking to expand your rental portfolio or seeking a flexible living arrangement, this Starbuck triplex is worth a closer look!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$150,000
Price per sq ft:
$85
Property Type:
Multi-family
City:
Starbuck
Garage Spaces:
0
County:
Pope
Year Built:
1940
State:
MN
Property Style:
Triplex
Zip Code:
56381
Subdivision Name:
Starbuck City
Interior
Finished Area:
1,760 ft2
Living Area:
1,760 ft2
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
1,100 ft2
Foundation Dimensions:
55x20
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Other
- Shared Driveway
Exterior Material:
- Fiber Board
- Vinyl Siding
Roof Details:
Flat
Lot & Land
Acres:
0.07
Geolocation:
45.612678, -95.530678
Lot Dimensions:
20 x 145 x 20 x 145
Zoning:
Residential-Multi-Family
Schools
School District:
2149
District Phone:
320-239-4820
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,556
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,556
Income
Annual Gross Income:
$25,800
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!
Listing provided by RMLS,
courtesy of Hetland Realty, LLC.
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.