215 7th ST S, Virginia, MN 55792 - MLS#6602120

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$149,900

Est. payment - /mo

1,680 SqFt

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UPDATED:

11/13/2024 08:22 PM

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Pending

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

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Listed by Kyle White • RE/MAX Advantage Plus

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683