612-656-1200

423/427 Grace Street
Saint Peter, MN 56082
MLS #4852530

Multi-Family
  • 3units
  • 5beds
  • 0.17acres
  • 2,068sq ft
$178,900
Est. P&I payment: $683.28/mo
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Description for 423/427 Grace Street, Saint Peter, MN 56082
Unique investment property. 2 buildings with several possibilities. Rent out 3 licensed units, live in one unit, rent out 2, covert duplex into single family and rent out 1 unit, single family with "Granny Pad" or studio. Six off street parking spaces. Central location near community center. Properties in good repair. Unit 1 currently rented by family member discounted rate ($100 per month) for snow, lawn and rent collection. Basement laundry currently only used by Unit 1, though could be confi
MLS #4852530
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My Notes for MLS #4852530

General Features

  • Propery Type: MF
  • Total Number of Units: 3
  • Year Built: 1948
  • Acres: 0.17
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Light,​City Bus (w/in 6 blks)
  • Lot Dimensions: 73x101.34
  • Status: Active
  • Style: (MF) Duplex Other

Exterior Features

  • Exterior: Vinyl,​Brick/Stone
  • Fencing: Wood
  • Road Frontage: City
  • Parking Characteristics: Uncovered/Open,​Driveway - Gravel,​Unassigned
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 2,068
  • Handicap Accessible: None
  • Basement: Full,​Concrete Block,​Unfinished
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 2,068
  • Unit 1 Amenities: Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Washer/Dryer Hookup
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen
  • Unit 1 Dining Room Level: Main (Ground)
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Porch
  • Unit 1 Ex-2 Level: Basement
  • Unit 1 Ex-2 Name: Laundry
  • Unit 1 Ex-3 Level: Basement
  • Unit 1 Ex-3 Name: Storage Room
  • Unit 1 Family Rm Characteristics: Main Level
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 2
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 780
  • Unit 2 Amenities: Tile Floors
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Ex-1 Level: Upper
  • Unit 2 Ex-1 Name: Porch
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Parking Spaces: 2
  • Unit 2 Special Rooms: All Living Fac. on One Level
  • Unit 2 Total Rooms: 6
  • Unit 2 Finished Square Footage: 780
  • Unit 3 Amenities: Kitchen Window
  • Unit 3 Bedroom 1 Level: Main (Ground)
  • Unit 3 Bath Characteristics: Main Floor Full Bath
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Dining Room: Eat In Kitchen,​Kitchen/Dining Room
  • Unit 3 Dining Room Level: Main (Ground)
  • Unit 3 Kitchen Level: Main (Ground)
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 1
  • Unit 3 Other Parking Spaces: 2
  • Unit 3 Special Rooms: All Living Fac. on One Level
  • Unit 3 Total Rooms: 3
  • Unit 3 Finished Square Footage: 480

Utilities Features

  • Water: City Water/Connected,​City Water - In Street
  • Fuel: Natural Gas
  • Heating: Forced Air,​Baseboard,​Hot Water
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator,​Washer,​Dryer
  • Unit 1 Air: Window
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Window
  • Unit 3 Appliances: Range,​Refrigerator
  • Unit 3 Air: Window
  • Number of Ranges: Three
  • Number of Refrigerators: Three
  • Sewer: City Sewer/Connected,​City Sewer - In Street

Financial Features

  • Annual rent: 6,600
  • Annual Gross Income: 19,800
  • Annual Caretaker Expense: 1,200
  • Annual Electric Expense: 143
  • Annual Fuel Expense: 1,497
  • Annual Maintenance Expense: 1,383
  • Annual Repair Expense: 1,383
  • Annual Gross Expense: 4,422
  • Total Annual Expenses: 4,565
  • Annual Trash Expense: 1,542
  • Annual Water/Sewer Expense: 1,542
  • Unit 1 Monthly Rent: 550
  • Unit 2 Annual Rent: 7,200
  • Unit 2 Monthly Rent: 600
  • Unit 3 Annual Rent: 6,000
  • Unit 3 Monthly Rent: 500
  • Tax Amount: 2,699
  • Tax With Assessments: 2,720
  • Tax Year: 2017
  • Tenant Expenses: Cable T.V.

Community Features

  • Municipality: Saint Peter
  • County: Nicollet
  • Postal City: Saint Peter (MN)

School Features

  • School District: 508 - St. Peter
  • School District Phone: 507-934-5703

Misc Features

  • Amenities - Shared: Porch
  • Construction Status: Previously Owned
  • Foundation Size: 780
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 423/427 Grace Street, Saint Peter, MN 56082
Corner of W Grace and South 5th Street.
The listing information for 423/427 Grace Street, Saint Peter, MN 56082 was graciously provided by our friends at the listing brokerage, CENTURY 21 Atwood Realty, Inc

Get Financing for 423/427 Grace Street, Saint Peter, MN 56082

Edge Home Finance
Matthew McGuire
MN
612-281-1455 Mobile
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P&I Payment $683.28
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Last Updated 08/17/2017 at 2:48am
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