$176,000
Newfolden, MN 56738
MLS# 6688780
Status: Pending
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
Status: Pending
Off Market Date: 2025-04-04
Contingency: None
Current Price: $176,000
Original List Price: 176000
ListPrice: 176000
List Date: 2025-03-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1973
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 8
Baths Total: 4
Main Floor Total SqFt: 1600
Above Ground SqFt: 1600
Below Grd Total SqFt: 1600
Total SqFt: 3200
Foundation Size: 1600
Style: (MF) Duplex Up and Down
Total Finished Sqft: 3200.00
Lot Dimensions: 150 x 200 approx
Acres: 0.69
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
Assessments
Tax With Assessments: 1202
Basement
Foundation Dimensions: 32 x 50
Building Information
Finished SqFt Above Ground: 1600
Finished SqFt Below Ground: 1600
Income and Expenses
Annual Electric Expense: 3600
Annual Gross Income: 29400
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 44
Section#: 5
Township#: 156
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
Annual Rent: 7080
Full Baths: 1
Monthly Rent: 590
No. of Units Like This: 4
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Details
Total Units: 4
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
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
Stories: Split Entry (Bi-Level)
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: May - 06 - 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.