305 3rd Street N Breckenridge, MN ^$ 225,000

305 3rd Street N

^$ 225,000

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Recently Listed

305 3rd Street N

Breckenridge, MN, 56520

^$ 225,000

Studio Baths0.0 Sq 3,168

Monthly Estimate*

^$ 1,572

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Studio

Commercial Property for sale in Breckenridge, MN

for $225,000. This 3,168 square foot building was built in 1900 on a lot size of 0.34.

Excellent opportunity for your next investment property! 5-Plex with great income. Property features two 2 bedroom units, two 1 bedroom units, one efficiency unit, separate electrical meters for each unit, on-site laundry, basement storage and 4 garage spaces.

Commercial Active

Price

^$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,948

Style

Apartment

Lot Size

0.34

Year Built

1900

Town/City

Breckenridge

County/Region

Wilkin

MLS | Web ID

6518380

Features

General

Sewer City Sewer/Connected

Heating Baseboard Boiler

Cooling Window Unit(s)

Utilities Electric Separate Heating Common

Roof Age 8 Years or Less Asphalt

Garage Spaces 4

Construction Materials Wood Siding

Year Built 1900

Tenant Pays Electricity

Property SubType Apartment

Tax Year 2024

Current Use Residential

Gross Income 33180

Accessibility None

County Wilkin

Net Operating Income 22610

Operating Expense 10570

Insurance Expense 2856

Property Type Commercial Sale

Association Amenities Coin-op Laundry Owned

Contingency None

Subdivision Name City Breckenridge

Directions From intersection of Minnesota Ave and 5th Street: North on 5th Street to 3rd Street West to property.

City Breckenridge

Buyer Agent Compensation 2.50

High School District Breckenridge

Zoning Description Residential-Multi-Family

Total Units 5

Street Name 3rd

Land Lease Y/N N

Tax Annual Amount 1948

Fuel Expense 3400

Trash Expense 336

Water Sewer Expense 2000

Additional Parcels Y/N N

Days on Market 7

Standard Status Active

Lender Owned No

Amenities Unit Hardwood Floors

Buyer Agent Compensation Type %

Interior

Basement Full Other

Basement (Y/N) Y

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features Detached

Water Source City Water/Connected

Inclusions Building Leases

Lot Size Area 0.34

Building Area Total 3168

Lot Dimensions 110x133

Lot Size Units Acres

Foundation Area 1440

Internal Only

Street Number 1 305

* Excluded Features

List By

Re/Max Signature Properties

Broker

hailey.budke@remax.net

Affordability Calculator

$1,734

Per Month

Monthly Principal & Interest: $1,572
Monthly Property Taxes: $162
Monthly Home Insurance: --

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Interest Rate

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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 Breckenridge, MN

Average List Price ^$225,000

Percent of Sale Price 0%

About Breckenridge, MN

3,433 Population

-4% Since 2002

^$41,876 Median Income

42.47 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3418834 Elementary School

3418837 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$225,000		Listed Price

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305 3rd Street N, Breckenridge, MN, 56520 is a Commercial Property for sale at $225,000 with 3,168 sqft and a lot size of 0.34. 305 3rd Street N is a studio with 0.0 baths and was built in 1900. The property's zip code is 56520 which is in Breckenridge, 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 5/6/2024.

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305 3rd Street N

Commercial Property for sale in Breckenridge, MN

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