161 N 1st Avenue
Bayport, MN 55003
MLS #4892741

Multi-Family
  • 4units
  • 3beds
  • 0.235acres
  • 2,820sq ft
$400,000
Est. P&I payment: $1527.73/mo
161 N 1st Avenue, Bayport, MN 55003
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 1
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 2
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 3
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 4
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 5
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 6
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 7
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 8
  • 161 N 1st Avenue, Bayport, MN 55003 Photo 9
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Description for 161 N 1st Avenue, Bayport, MN 55003
Simple, basic, no wasted space, easy to maintain, great location & little money machine, all describe this investment property. With owner paying heat rents are a little below market. Lakeside Park on the St. Croix is two blocks to the southeast and Main St. Bayport is two blocks west. Building is in very good condition.
MLS #4892741
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My Notes for MLS #4892741

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1973
  • Acres: 0.235
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Light
  • Lot Dimensions: -
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Vinyl
  • Fencing: None
  • Road Frontage: City,​Paved Streets
  • Parking Characteristics: On-Street Parking Only
  • Roof: Asphalt Shingles,​Pitched,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 2,820
  • Handicap Accessible: None
  • Basement: None
  • Above Ground Finished SqFt: 2,820
  • Unit 1 Amenities: None
  • Unit 1 B1 Dimensions: 13x10
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 11x9
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen
  • Unit 1 Total Expenses: 216
  • Unit 1 Kitchen Dimensions: 11x9
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 19x12
  • Unit 1 Living Room Level: Main (Ground)
  • Number of Unit: 4
  • Unit 1 Number of Units: 3
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 740
  • Unit 2 Amenities: None
  • Unit 2 Bedroom 1 Dimensions: 13x10
  • 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 Kitchen Dimensions: 11x9
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 19x12
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 4
  • Unit 2 Finished Square Footage: 600

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water,​Boiler
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: Wall
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Wall
  • Number of Ranges: One
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 9,900
  • Annual Gross Income: 38,400
  • Annual Electric Expense: 600
  • Annual Fuel Expense: 1,800
  • Annual Insurance Expense: 1,610
  • Annual Repair Expense: 1,100
  • Annual Gross Expense: 10,381
  • Total Annual Expenses: 10,381
  • Annual Trash Expense: 800
  • Annual Water/Sewer Expense: 700
  • Miscellaneous Annual Income: 1,230
  • Miscellaneous Monthly Income: 103
  • Unit 1 Monthly Rent: 825
  • Unit 2 Annual Rent: 8,040
  • Unit 2 Total Expenses: 216
  • Unit 2 Monthly Rent: 670
  • Tax Amount: 3,418
  • Tax With Assessments: 3,418
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Cable T.V.

Community Features

  • Municipality: Bayport
  • County: Washington
  • Postal City: Bayport (MN)

School Features

  • School District: 834 - Stillwater
  • School District Phone: 651-351-8301

Misc Features

  • Amenities - Shared: Coin-op Laundry Owned
  • Construction Status: Previously Owned
  • Foundation Size: 1,480
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 161 N 1st Avenue, Bayport, MN 55003
Hwy 95 to 1st Ave N. East to 161
The listing information for 161 N 1st Avenue, Bayport, MN 55003 was graciously provided by our friends at the listing brokerage, Edina Realty, Inc.

Get Financing for 161 N 1st Avenue, Bayport, MN 55003

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 $1527.73
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Last Updated 12/17/2017 at 5:06pm
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