114 Main Street NW Bethel, MN $ 450,000
114 Main Street NW
$ 450,000
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114 Main Street NW

Bethel, MN, 55005
$ 450,000
Bedrooms8 Baths3.0 Sq 3,152

Monthly Estimate*

$ 3,143

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Multi-Family Home for sale in Bethel, MN

for $450,000 with 8 bedrooms and 3 full baths. This 3,152 square foot home was built in 1945 on a lot size of 0.24.

Cash flowing triplex with solid rental history! Unit #1 features tall ceilings, a large stone fireplace, three bedrooms and all amenities on the first floor. Unit #2 features three bedrooms, fully remodeled on the first floor. This unit features new flooring throughout, new carpet in bedrooms, new cabinets and countertops in kitchen, new windows, new doors, new insulation, new appliances, new walls/ drywalls, and all new electrical and wiring, completed in 2024. Unit #3 features an upstairs two bedroom unit with a brand new deck done in 2023. Property also features new gutters added in 2023. Unit #1 and the garage are both rented to long-term tenants on 12-month leases. Unit #2 is currently vacant. Unit #3 is on a 6-month lease that ends on June 30th, 2024. Monthly rents are $1387 for Unit #1, $1361 for Unit #3, and $475 for the garage. Opportunity to increase cash flow as some rents are under market rate and Unit #2 is fully remodeled. Great opportunity for investors!

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Multi-Family Active

Price

$ 450,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,384

Style

Triplex

Lot Size

0.24

Year Built

1945

Town/City

Bethel

County/Region

Anoka

MLS | Web ID

6523102

Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler
Roof Age 8 Years or Less Asphalt
Garage Spaces 3
Construction Materials Brick/Stone
Year Built 1945
Tenant Pays Cable TV Grounds Care
Topography Level
Levels One and One Half
Property SubType Triplex
Tax Year 2024
Gross Income 49323
Accessibility No Stairs External
County Anoka
Operating Expense 10462
Insurance Expense 2585
New Construction N
Property Type Residential Income
Association Amenities Deck
Contingency None
Subdivision Name Bethel
Directions MN-65 N/Central Ave NE west onto 237th Ave NE right (north) onto University Ave Extended left onto Main St destination on the left.
City Bethel
Buyer Agent Compensation 2.70
High School District St. Francis
Total Units 3
Street Name Main
Land Lease Y/N N
Tax Annual Amount 4384
Electric Expense 2040
Fuel Expense 3005
Trash Expense 1440
Water Sewer Expense 1392
Additional Parcels Y/N N
Days on Market 0
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Crawl Space
Basement (Y/N) N
Above Grade Finished Area 3152
Street Suffix Street
Below Grade Finished Area 0
Fuel Natural Gas
Garage Square Feet 864
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Exterior
Fencing Wood
Parking Features Detached Gravel Garage Door Opener Heated Garage Insulated Garage
Water Source Well
Lot Size Area 0.24
Lot Dimensions 125x140
Lot Size Units Square Feet
Foundation Area 2298
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Internal Only
Street Number 1 114
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* Excluded Features
List By
Realty Group Llc

Broker

queetasellsmn@gmail.com

Email

Affordability Calculator

$3,509
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$365
Monthly 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
709298 Elementary School
709477 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$450,000 Listed Price

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114 Main Street NW, Bethel, MN, 55005 is a Multi-Family Home for sale at $450,000 with 3,152 sqft and a lot size of 0.24. 114 Main Street NW has 8 bedrooms, 3.0 baths, and was built in 1945. The property's zip code is 55005 which is in Bethel, MN