For Sale: Balsam Lake MLS# 6764431
Active
NEW!
$149,900
Multi-family: Other
Built 1940
1,200 sqft • 0.22 acres
MLS# 6764431
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Let your tenant make your payment! Or add this to your rental port folio. Welcome to 309A and 309B Main Street Balsam Lake. This efficiency duplex is manageable and easy to maintain. Hard to find a multi-family in this area. There is work to be done here. But how else are you going to get into this sector at this price? Seller is providing a $7, 000.00 payback allowance for the roof.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$149,900
Price per sq ft:
$125
Property Type:
Multi-family
City:
Balsam Lake
Garage Spaces:
1
County:
Polk
Year Built:
1940
State:
WI
Property Style:
Other
Zip Code:
54810
Interior
Finished Area:
1,200 ft2
Living Area:
1,200 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
Partial
Exterior
Stories:
One
Garage Spaces:
1
Garage Dimensions:
12x20
Garage Size:
240 ft2
Foundation Size:
1,200 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Gravel
Road Frontage:
- Paved Streets
- State Road
Exterior Material:
Vinyl Siding
Roof Details:
- Age Over 8 Years
- Asphalt
- Metal
Lot & Land
Acres:
0.22
Geolocation:
45.45307459, -92.4565038155
Lot Dimensions:
81 x 116
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
- Irregular Lot
- Some Trees
Schools
School District:
W238
District Phone:
715-825-3515
Expenses
Annual Caretaker Expense:
$1
Annual Electric Expense:
$300
Annual Fuel Expense:
$500
Annual Insurance Expense:
$600
Annual Maintenance Expense:
$400
Annual Gross Expense:
$1,800
Annual Trash Expense:
$1
Annual Water/Sewer Expense:
$1
Tenant Expenses:
Cable TV, Electricity, Grounds Care, Snow Removal, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$1,337
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,337
Income
Annual Gross Income:
$9,000
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Dalton Realty.
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.