For Sale: Cloquet MLS# 6652169
Active
NEW!
$550,000
Condo/Townhome: Low Rise (3- Levels)
Built 1925
0.13 acres
Cloquet schools
MLS# 6652169
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Property Description
Looking for a turn-key investment property? Look no further than this well-maintained 6-plex in the heart of downtown Cloquet. Property features 4 - 2 bedroom units renting at $900 per month & 2 - 1 bedroom units renting at $800 per month. Tenants pay electricity which includes heat, & the owner pays water/sewer, garbage, lawn & snow removal. Building has aprox 5 year old roof &many newer windows along with a separate utility room with a coined washer & dryer. The current rents would allow for future income growth potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Condo/Townhome
City:
Cloquet
Garage Spaces:
0
County:
Carlton
Year Built:
1925
State:
MN
Property Style:
Low Rise (3- Levels)
Zip Code:
55720
Subdivision Name:
Northern Lumber Co East Div
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Range
- Refrigerator
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
10
Foundation Size:
5,400 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
Driveway - Other Surface
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
- Brick/Stone
- Stucco
- Vinyl Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.13
Geolocation:
46.719634, -92.45327
Inclusions:
Building, Land
Lot Dimensions:
60 x 100
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Sloped
Schools
School District:
94
District Phone:
218-879-6721
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,780
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$7,290
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results - Duluth (Main).
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.