$176,000
Newfolden, MN 56738
MLS# 6688780
Status: Closed
8 beds | 4 baths | 3200 sqft
1 / 4
Property Description
Looking to invest in a very nice piece of property? Look no further. This 4 plex apartment has been in Newfolden since 1973. The boiler system is only 3 years old and the roof is less than 5 years old. With a few repairs you could make this building shine! Call today for a showing.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-04-04
Contingency: None
Current Price: $176,000
Closed Date: 2025-06-30
Original List Price: 176000
ListPrice: 176000
Sales Close Price: 176000
List Date: 2025-03-20
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 150 x 200 approx
Acres: 0.69
Main Floor Total SqFt: 1600
Below Grd Total SqFt: 1600
Above Ground SqFt: 1600
Total Finished Sqft: 3200.00
Foundation Size: 1600
Style: (MF) Duplex Up and Down
Garage Stalls: 0
Bedrooms: 8
Baths Total: 4
Total SqFt: 3200
Location, Tax and Other Information
Legal Description: NEWFOLDEN UNPLATTED 100' BY 150' IN SW4 SE4 OF LOT 2, 100' BY 150' IN OF LOT 3 DEED BK 155 PP 27
Listing City: Newfolden
Map Page: 999
Municipality: Newfolden
School District: Marshall County Central Schools
School District Phone: 218-874-8530
Zip Plus 4: 154
Property ID Number: 540008000
Tax Year: 2024
Tax Amount: 1202
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Looking to invest in a very nice piece of property? Look no further. This 4 plex apartment has been in Newfolden since 1973. The boiler system is only 3 years old and the roof is less than 5 years old. With a few repairs you could make this building shine! Call today for a showing.
Directions: Turn onto Iow Ave W from Hwy 59 N. Apartment is right behind New Hope Church
Accessible
Other: 1
Amenities Shared
Coin-op Laundry Owned: 1
Common Laundry Facility: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 1202
Basement
Foundation Dimensions: 32 x 50
None: 1
Building Information
Finished SqFt Above Ground: 1600
Finished SqFt Below Ground: 1600
Construction Materials
Timber/Post & Beam: 1
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Financing Terms
Conventional: 1
Foundation
None: 1
Fuel
Propane: 1
Heating
Boiler: 1
Laundry
Common Area: 1
Laundry Room: 1
Lower Level: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Irregular Lot: 1
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
All Utilities: 1
Electricity: 1
Fuel: 1
Grounds Care: 1
Maintenance/Repair: 1
Repairs: 1
Sewer: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Water: 1
Ownership
Fractional Ownership: No
Patio, Porch and Deck Features
Deck: 1
Public Survey Info
Range#: 44
Section#: 5
Township#: 156
Rental License Type
Standard: 1
Road Frontage
City Street: 1
Unpaved Streets: 1
Road Responsibility
Public Maintained Road: 1
Roof
Age 8 Years or Less: 1
Asphalt Shingles: 1
Sellers Terms
Cash: 1
Conventional: 1
Sewer
City Sewer/Connected: 1
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Monthly Rent: 590
Full Baths: 1
Total Rooms: 4
Annual Rent: 7080
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 4
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 3600
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 29400
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0
No. of Ranges
Four: 1
No. of Refrigerators
Four: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Bath Description
Main Floor Full Bath: 1
Unit 1 Cooling
None: 1
Unit 1 Dining Room Description
Informal Dining Room: 1
Location Tax and Other Information
House Number: 163
Street Name: Iowa
Street Suffix: Avenue
Street Direction Suffix: W
Postal City: Newfolden
County: Marshall
State: MN
Zip Code: 56738
Complex/Dev/Subdivision: Newfolden
Property Features
Accessible: Other
Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility
Basement: None
Construction Materials: Timber/Post & Beam
Construction Status: Previously Owned
Exterior: Vinyl
Financing Terms: Conventional
Foundation: None
Fuel: Propane
Heating: Boiler
Laundry: Common Area; Laundry Room; Lower Level
Lot Description: Irregular Lot
Owner Pays: All Utilities; Electricity; Fuel; Grounds Care; Maintenance/Repair; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water
Rental License Type: Standard
Road Frontage: City Street; Unpaved Streets
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 1 Dining Room Description: Informal Dining Room
Water: City Water/Connected
Listing Office: Hometown Realty
Last Updated: July - 25 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.