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$72,000   Price Analysis
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209 N 5th Ave
Virginia, MN 55792
2 bed 2 bath 1,626 SqFt ($44/SqFt)
2,701SqFt lot. Built 1894
Listed 2024-07-14, Taxes $882
USDA Eligible
near Virginia, MN
 

Here is your opportunity for an affordable

Cash flowing, up/down duplex to get your start in real estate investing! Or, quickly add 2 more units to your already made collection. This property features two, 1-bedroom, 1-full bathroom units! Both are occupied at $785 per month, for a total gross annual ncome of $18, 840! Vinyl siding and vinyl windows are already in place.

The interior could use a cosmetic lift, allowing the next owner to capitalize on some sweat equity! Currently on steam heat. Sold separately or as part of a 7 building portfolio, comprised of 17 rental units in total! Ask your agent for more details!


Presented by Nicholas Burns at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #6568484 from NorthstarMLS

Bedrooms: 2

Basement Features: Full, Poured Concrete

Full Bathrooms: 2

Heating Features: Radiant

Block

Land Lease Amount Frequency: No
Lot Size Acres: 0.062
Lot Size Dimensions: 25 x 109
Lot Size Square Feet: 2701

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 18840.00

Number of Units: 2

School District: 706 - Virginia

Virginia Secondary is a public middle and high school located approximately 0.2 miles away.
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East Range Sec. Technical Center is a public middle and high school located approximately 0.2 miles away.
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Roosevelt Elementary School is a public elementary school located approximately 0.2 miles away.
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Range Christian Academy is a private elementary school located approximately 0.3 miles away.
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Annual Tax Amount: 1018.00
Source Listing Status: Active
County: St. Louis-MN
Directions: Continue on S 2nd Ave W/S State Hwy 135. Drive to S 5th Ave
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Virginia
Parcel Number: 090001002060
Subdivision: Virginia
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$31,300 + $2,000
$33,300
$882
2021$31,300 + $2,000
$33,300
$902
2020$24,000 + $2,000
$26,000
$684
2019$29,400 + $3,600
$33,000
$828
2018$29,400 + $3,600
$33,000
$822
2017$36,800 + $3,600
$40,400
$986
2016$41,800 + $3,600
$45,400
$1,004
2015$41,800 + $3,600
$45,400
$1,014
2014$40,900 + $3,600
$44,500
$764
2013$40,900 + $3,600
$44,500
$863
2011$43,100 + $3,600
$46,700
$775
2010$43,100 + $3,600
$46,700
$754
2009$41,700 + $2,200
$43,900
$640
2008$39,700 + $2,200
$41,900
$625
2007$37,800 + $2,100
$39,900
$653

Listed 2024-07-14
$72,000
NorthstarMLS
Sold 2020-10-09
$580,000
Public Record
Sold 2017-01-13
$45,000
Public Record
Listing removed 2016-05-18
$29,900
RangeMLS
Listing removed 2016-02-03
$29,900
RangeMLS
Listing removed 2015-12-30
$29,900
RangeMLS
Listed 2015-11-09
$29,900
RangeMLS
Listing removed 2015-10-29
$29,900
RangeMLS
Listed 2015-03-23
$29,900
RangeMLS
Sold 2006-07-06
$95,000
Public Record

Total Square Feet Living: 1626
Above Grade Finished Area: 1626
Foundation Area: 820.00
Property Age: 130
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 1626.00
Total Area Main: 820.00
Total Below Grade Area: 820.00

Electric: Circuit Breakers
Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.