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2012 1st Avenue

Hibbing, MN 55746
  • $510,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 6478020
$510,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,500
    SQFT
  • $41
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1918
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Parcel Real Estate Inc..

Description

Downtown Hibbing mixed use investment opportunity comprised of 2 commercial suites, 5 private offices, 10 apartments, and underground heated garage. Solid building, CAPX invested, on site property management & maintenance. Older roof. Updated vinyl windows. Property performs at a 10% cap. Ask for financials.

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IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-04-19T11:39:47.16.

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2012 1st Avenue Hibbing, MN 55746

  • Price: $510,000
  • Status: Active
  • On Site: 94 Days
  • ID#: 6478020
0
Beds
0
Baths
0
½ Baths
0.14
Acres
12,500
SQFT
$41
$/SQFT
1918
Built
Neighborhood:
Central Add To Hibbing
County:
St. Louis
School District:
701 - Hibbing
Property Description
Downtown Hibbing mixed use investment opportunity comprised of 2 commercial suites, 5 private offices, 10 apartments, and underground heated garage. Solid building, CAPX invested, on site property management & maintenance. Older roof. Updated vinyl windows. Property performs at a 10% cap. Ask for financials.
Exterior Features

Construction Materials Brick/StoneStucco Foundation Area 6250 Garage Square Feet 2500 Levels Two Lot Size Dimensions 50x125x50x125 Parking Features Off Site Parking Open 0 Road Frontage Type City Street Topography Level

Interior Features

Basement Other Heating Boiler

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use CommercialOfficeResidentialRetail Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Gross Income 101174.99 Inclusions Building Land Lease YN No Lender Owned No Operating Expense 45371.06 Postal City Hibbing Potential Short Sale No Rental License YN No Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 5710 Tax With Assessments 5710.0000 Tax Year 2023 Utilities Electric SeparateHeating Common Water Source City Water/Connected Zoning Description Business/Commercial

NorthstarMLS] logo © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Parcel Real Estate Inc.: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Twin Cities Elite Real Estate Group | eXp Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Twin Cities Elite Real Estate Group | eXp Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Twin Cities Elite Real Estate Group | eXp Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2024-04-19T11:39:47.16.

Click here for Digital Millennium Copyright Act
 
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Twin Cities Elite Real Estate Group | eXp Realty
Blaine MN,
NorthstarMLS] logo Listing courtesy of Parcel Real Estate Inc..