427 S Main Street
Hutchinson, MN 55350
MLS #4872630

Multi-Family
  • 4units
  • 4beds
  • 0.29acres
  • 2,437sq ft
$153,000
Est. P&I payment: $584.36/mo
427 S Main Street, Hutchinson, MN 55350
  • 427 S Main Street, Hutchinson, MN 55350 Photo 1
  • 427 S Main Street, Hutchinson, MN 55350 Photo 2
  • 427 S Main Street, Hutchinson, MN 55350 Photo 3
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Description for 427 S Main Street, Hutchinson, MN 55350
Historic home in beautiful downtown Hutchinson! A quaint 4 unit rental with three long term tenants. Property is right off Main Street and near shops, restaurants, banks, and churches.
MLS #4872630
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My Notes for MLS #4872630

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1900
  • Acres: 0.29
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: getting
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Wood
  • Road Frontage: City
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 4
  • Roof: Asphalt Shingles,​Pitched

Interior Features

  • Total Finished Square Footage: 2,437
  • Handicap Accessible: None
  • Basement: Full,​Stone,​Unfinished
  • Above Ground Finished SqFt: 2,437
  • Unit 1 Amenities: Patio,​Porch,​Kitchen Window
  • Unit 1 B1 Dimensions: 11x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Dining Room: Eat In Kitchen
  • UNIT1_Ex-1 Dimensions: 4x5
  • UNIT1_Ex-1 Level: Basement
  • Unit 1 Ex-1 Name: Storage Room
  • Unit 1 Total Expenses: 142
  • Unit 1 Kitchen Dimensions: 10x15
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 14x15
  • Unit 1 Living Room Level: Main (Ground)
  • Number of Unit: 4
  • Unit 1 Number of Units: 1
  • Unit 1 Special Rooms: Main Floor Bedroom
  • Unit 1 Total Rooms: 4
  • Unit 1 Finished Square Footage: 631
  • Unit 2 Amenities: Patio,​Porch,​Kitchen Window
  • Unit 2 Bedroom 1 Dimensions: 10x11
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Ex-1 Dimensions: 4x5
  • Unit 2 Ex-1 Level: Basement
  • Unit 2 Ex-1 Name: Storage Room
  • Unit 2 Kitchen Dimensions: 11x11
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 15x15
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Special Rooms: Main Floor Bedroom
  • Unit 2 Total Rooms: 4
  • Unit 2 Finished Square Footage: 630
  • Unit 3 Amenities: Deck,​Kitchen Window
  • Unit 3 Bedroom 1 Dimensions: 11x13
  • Unit 3 Bedroom 1 Level: Upper
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Dining Room: Eat In Kitchen
  • Unit 3 Ex-1 Dimensions: 10x10
  • Unit 3 Ex-1 Level: Basement
  • Unit 3 Ex-1 Name: Storage Room
  • Unit 3 Kitchen Dimensions: 16x7
  • Unit 3 Kitchen Level: Upper
  • Unit 3 Living Room Dimensions: 15x13
  • Unit 3 Living Room Level: Upper
  • Unit 3 Number of Units: 1
  • Unit 3 Other Parking Spaces: 1
  • Unit 3 Total Rooms: 4
  • Unit 3 Finished Square Footage: 588
  • Unit 4 Bedroom 1 Dimensions: 15x11
  • Unit 4 Bedroom 1 Level: Upper
  • Unit 4 Full Baths: 1
  • Unit 4 Total Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Ex-1 Dimensions: 4x5
  • Unit 4 Ex-1 Level: Basement
  • Unit 4 Ex-1 Name: Storage Room
  • Unit 4 Kitchen Dimensions: 10x9
  • Unit 4 Kitchen Level: Upper
  • Unit 4 Living Room Dimensions: 15x14
  • Unit 4 Living Room Level: Upper
  • Unit 4 Number of Units: 1
  • Unit 4 Other Parking Spaces: 1
  • Unit 4 Total Rooms: 4
  • Unit 4 Finished Square Footage: 588

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: Window
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Window
  • Unit 3 Appliances: Range,​Refrigerator
  • Unit 3 Air: Window
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 6,120
  • Annual Gross Income: 24,780
  • Annual Fuel Expense: 1,995
  • Annual Insurance Expense: 1,271
  • Annual Maintenance Expense: 1,970
  • Annual Gross Expense: 6,783
  • Total Annual Expenses: 6,783
  • Annual Trash Expense: 480
  • Annual Water/Sewer Expense: 1,067
  • Unit 1 Monthly Rent: 510
  • Unit 2 Annual Rent: 6,900
  • Unit 2 Total Expenses: 142
  • Unit 2 Monthly Rent: 575
  • Unit 3 Annual Rent: 5,580
  • Unit 3 Total Expenses: 142
  • Unit 3 Monthly Rent: 465
  • Unit 4 Annual Rent: 6,300
  • Unit 4 Total Expenses: 142
  • Unit 4 Monthly Rent: 525
  • Tax Amount: 2,613
  • Tax With Assessments: 2,670
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Cable T.V.

Community Features

  • Municipality: Hutchinson
  • County: Mcleod
  • Postal City: Hutchinson (MN)

School Features

  • School District: 423 - Hutchinson
  • School District Phone: 320-587-2860

Misc Features

  • Amenities - Shared: Deck,​Patio,​Other
  • Construction Status: Previously Owned
  • Foundation Size: 1,204
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 427 S Main Street, Hutchinson, MN 55350
South on Main Street. Block south of the post office on east side of the road.
The listing information for 427 S Main Street, Hutchinson, MN 55350 was graciously provided by our friends at the listing brokerage, Haller Realty

Get Financing for 427 S Main Street, Hutchinson, MN 55350

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $584.36
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Last Updated 12/13/2017 at 6:42am
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