$460,000
$475,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
2012 1st AVE Hibbing, MN 55746
6,098 Sqft Lot
Key Details
Sold Price $460,000
Property Type Condo
Sub Type Apartment,Mixed Use,Office
Listing Status Sold
Purchase Type For Sale
Subdivision Central Add To Hibbing
MLS Listing ID 6478020
Sold Date 08/23/24
Year Built 1918
Annual Tax Amount $5,710
Tax Year 2023
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x125x50x125
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.
Location
State MN
County St. Louis
Zoning Business/Commercial
Rooms
Basement Other
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Off Site
Garage Spaces 2.0
Utilities Available Electric Separate, Heating Common
Present Use Commercial,Office,Residential,Retail
Building
Story Two
Foundation 6250
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Stucco
Schools
School District Hibbing
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