114 Main Street Bethel, MN 55005
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!
- Property TypeMulti-Family
- NeighborhoodBethel
- CountyAnoka
- Taxes$4,384
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID Number6523102
- Home Size Source N/A
- Year Built1945
- Lot Size0.24 Acres
- Full Baths3
- Partial BathsN/A
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General Features
- Parking DetachedGravelGarage Door OpenerHeated GarageInsulated Garage
- Basement Crawl Space
- Number of Stories One and One Half
- Water Well
- Property Sub Type Triplex
- Garage Spaces 3
- Contingency None
- Sewer City Sewer/ Connected
Interior Features
- Heating BaseboardBoiler
Exterior Features
- Roof AsphaltAge 8 Years or Less
- Fencing Wood
- Construction Details Brick/ Stone
Community Features
- Association Amenities Deck