$ 149,900
215 7th ST S Virginia, MN 55792
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$ 149,900
Est. payment | /mo
1,680 SqFt
$ 149,900
Est. payment | /mo
1,680 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $89
Subdivision Virginia 2Nd Add
MLS Listing ID 6602120
Year Built 1900
Annual Tax Amount $1,956
Tax Year 2024
Contingent None
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 120x35
Property Description
Incredible opportunity in Virginia with a 11.2% Pro Forma Cap Rate. Add coin op washer/dryer for more income. Main level recently rehabbed and rented. New Boiler and Water Heater (2024). Garage is currently used by the neighbor who maintains snow and lawn, could be rented for additional income. Upper Level tenant has been there for 1.5 years and rent can be increased to current section 8 standards. Basement is in great shape and there is additional off street parking next to the garage. Rare opportunity to buy a unit and cashflow right away or live in one unit and the other unit rent will make your mortgage payment!
Location
State MN
County St. Louis
Zoning Residential-Single Family
Rooms
Family Room Other
Basement Full
Interior
Heating Boiler
Fireplace No
Exterior
Garage Spaces 2.0
Roof Type Age Over 8 Years,Asphalt
Building
Story Two
Foundation 840
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Fiber Board
New Construction false
Schools
School District Virginia
Listed by Kyle White • RE/MAX Advantage Plus