This well maintained 8-plex is on the market for the first time ever! With a strong rental history, this centrally located building sits on a large property and could be your next big investment. The building is fully electric heat, and tenants pay their apt electric. Detached garages in the back, coin op laundry room, and plenty of off-street parking for the tenants. Don't let this opportunity pass! OFFER DEADLINE MIDNIGHT 7/18/24.
Sold for $649,000 on 08/31/24
$649,000
850 Spring Lake Rd, Cloquet, MN 55720
16beds
8,064sqft
5-10 Units
Built in 1977
-- sqft lot
$667,200 Zestimate®
$80/sqft
$1,423 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 19, 2024 at 07:13am
Listed by:
Aiden Bachand 218-390-9594,
Bachand Realty
Bought with:
Aiden Bachand, MN 40737099 | WI 94170-94
Bachand Realty
Source: Lake Superior Area Realtors,MLS#: 6114899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 4
Heating
- Electric
Appliances
- Included: Water Heater - Electric, Unit 1(Range/Stove, Refrigerator)
- Laundry: 2nd Floor Laundry, Coin Operated Owned
Features
- Basement: Utility Room,Block,Partial
Interior area
- Total structure area: 2,400
- Total interior livable area: 8,064 sqft
- Finished area above ground: 8,064
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Driveway - Asphalt, Off Street, Detached, Multiple
- Garage spaces: 8
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
Lot
- Size: 0.90 Acres
- Dimensions: 122 x 146 + 110 x 180
- Features: Corner Lot
Details
- Foundation area: 3952
- Parcel number: 061000122, 061000120
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-10 Units
Materials
- Frame/Wood, Brick, Wood
- Roof: Asphalt
Condition
- Year built: 1977
Utilities & green energy
- Electric: Minnesota Power
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Cloquet
HOA & financial
Other financial information
- Total actual rent: 3560
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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