Four 1 Bed, 1 Bath units with annual lease in place. Excellent location within 1-4 blocks from restaurants, city offices, Central Park and the Delano 4th of July Celebration. Exceptional cash flow. This historic, former church from the late 1880s has great charm and investment potential!
MLS ID: 6807749
Directions: Hwy 12 to east on Bridge to North on 2nd St, 2 blocks to property on right
MLS #: 6807749
Listing courtesy of: Compass
Price: $399,900
Type: Multi-Family
Contingency: None
Foreclosure: No
Total Units: 4
Annual Gross Income: $43,500
Operating Expense: $11,894
Annual Gross Expense: $11,894
Annual Manager Expense: $600
Annual Electric Expense: $1,000
Annual Fuel Expense: $1,500
Annual Insurance Expense: $1,875
Annual Maintenance Expense: $1,118
Annual Other Expense: $1,118
Annual Annual Expense: $500
Annual Water/Sewer Expense: $1,500
Tenant Pays: All Utilities, Cable TV, Electricity
Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
Parking Features: Gravel
Owner Occupied: No
Finished SqFt Total: 2,540
Finished Above Grade: 2,540
Fireplace: No
Construction Materials: Brick/Stone
AccessibilityFeatures: None
Roof: Age Over 8 Years, Asphalt
Heating: Baseboard
Style: Apartment
Foundation Area: 1,270
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Present Use: Yearly
Number of Ranges: Four
Number of Refrigerators: Four
Complex/Dev/Sub Name: Litchfields Add
Lot Dimensions: 100x150
Fence: None
Road Frontage: City Street
District: Delano
District Number: 879
District Phone: 763-972-3365
County: Wright
Survey Range: 25
Survey Section: 11
Survey Township: 118
Tax Year: 2025
Tax Amount: $3,914
Assessment Pending: No
Taxes w/Assessments: $3,914
This listing was last updated by Compass on 11/18/2025 at 10:46 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 12/5/2025 2:25 am.
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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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