1006 Patricia Lane NW Bagley, MN ^$ 675,000

1006 Patricia Lane NW

^$ 675,000

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Recently Listed

1006 Patricia Lane NW

Bagley, MN, 56621

^$ 675,000

Studio Baths0.0 Sq 10,188

Monthly Estimate*

^$ 4,715

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Studio

Commercial Property for sale in Bagley, MN

for $675,000. This 10,188 square foot building was built in 1980 on a lot size of 0.78.

12 unit apartment building located in an attractive residential neighborhood that has frontage on State Hwy 92. This building has an excellent rental history and has had regular updates as units are vacated. Coin operated laundry & single garage stalls available.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,492

Style

Apartment

Lot Size

0.78

Year Built

1980

Town/City

Bagley

County/Region

Clearwater

MLS | Web ID

6516780

Features

General

Sewer City Sewer/Connected

Heating Boiler Hot Water Radiant Zoned

Utilities Electric Separate Heating Separate Hot Water Separate

Garage Spaces 8

Construction Materials Vinyl Siding

Year Built 1980

Property SubType Apartment

Tax Year 2024

Current Use Residential

Gross Income 89000

Accessibility Other

County Clearwater

Operating Expense 49328

Insurance Expense 6878

Property Type Commercial Sale

Association Amenities Coin-op Laundry Owned

Contingency None

Subdivision Name Del Lynn Acres

Possible Use Other

Directions West on Hwy 2 into Bagley. Right on Main Ave (Hwy 92) left on Lake Lamond Dr right on Patricia Ln to apartment building on the right.

City Bagley

Buyer Agent Compensation 2.70

High School District Clearbrook-Gonvick

Zoning Description Residential-Multi-Family

Total Units 12

Street Name Patricia

Land Lease Y/N N

Tax Annual Amount 6492

Electric Expense 0

Fuel Expense 10865

Trash Expense 978

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Detached Parking Lot

Water Source City Water/Connected

Inclusions Building Business Fixture/Equipment Leases

Lot Size Area 0.78

Building Area Total 10188

Lot Dimensions 206x224

Lot Size Units Acres

Foundation Area 3396

Road Frontage Type City Street County Road Curbs Paved Streets Street Lights

Road Responsibility Public Maintained Road

Interior

Basement (Y/N) N

Street Suffix Lane

Fuel Natural Gas

Garage Dimensions 24x96

Garage Square Feet 2304

Internal Only

Street Number 1 1006

* Excluded Features

List By

Century 21 Dickinson Realtors

Broker

bill.oakes@century21.com

Affordability Calculator

$5,256

Per Month

Monthly Principal & Interest: $4,715
Monthly Property Taxes: $541
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Bagley, MN

Average List Price ^$759,000

Percent of Sale Price 12%

About Bagley, MN

1,458 Population

4% Since 2002

^$35,845 Median Income

41.12 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226835 Elementary School

3226843 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$675,000		Listed Price

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1006 Patricia Lane NW, Bagley, MN, 56621 is a Commercial Property for sale at $675,000 with 10,188 sqft and a lot size of 0.78. 1006 Patricia Lane NW is a studio with 0.0 baths and was built in 1980. The property's zip code is 56621 which is in Bagley, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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1006 Patricia Lane NW

Commercial Property for sale in Bagley, MN

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