For Sale: Brainerd MLS# 7163252
Active
NEW!
$549,000
Commercial: 2 Stories
Built 1888
0.1 acres
Brainerd schools
MLS# 7163252
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Property Description
Expand your investment portfolio with this fully leased, five-unit apartment building in North Brainerd. This two-story property offers an established rental income stream with all five units occupied, making it an appealing opportunity for both first-time and experienced investors. Conveniently located near shopping, dining, services, and everyday amenities, the property provides a practical location tenants can appreciate. A great opportunity to acquire a fully occupied multifamily property in a convenient Brainerd neighborhood.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,000
Property Type:
Commercial
City:
Brainerd
Garage Spaces:
0
County:
Crow Wing
Year Built:
1888
State:
MN
Property Style:
2 Stories
Zip Code:
56401
Subdivision Name:
Town Of Brainerd & First Add Bra
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Ductless Mini-Split, Window Unit(s)
Foundation Size:
1,792 ft2
Handicap Accessible:
Other
Heating System:
Boiler
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Frame
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.1
Geolocation:
46.358949, -94.19798
Inclusions:
Building, Land, Leases
Lot Dimensions:
88 x 50.11
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
181
District Phone:
2184546900
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,680
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,680
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Close-Converse Commercial Prop.
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.