612-656-1200

419 SW 4th Avenue
Hutchinson, MN 55350
MLS #4905015

Multi-Family
  • 3units
  • 6beds
  • 0.217acres
  • 1,960sq ft
$147,900
Est. P&I payment: $564.88/mo
419 SW 4th Avenue, Hutchinson, MN 55350
  • 419 SW 4th Avenue, Hutchinson, MN 55350 Photo 1
  • 419 SW 4th Avenue, Hutchinson, MN 55350 Photo 2
  • 419 SW 4th Avenue, Hutchinson, MN 55350 Photo 3
  • 419 SW 4th Avenue, Hutchinson, MN 55350 Photo 4
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Description for 419 SW 4th Avenue, Hutchinson, MN 55350
Great investment opportunity! Three unit rental property located on over-sized corner lot in SW Hutchinson. Each unit offers two bedrooms and one bathroom. Kitchen appliances are included. New roof was installed in fall of 2012 and new furnace was installed in 2013. Located close to shopping, Ridgewater College, downtown, park and industry. Fantastic income opportunity!
MLS #4905015
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My Notes for MLS #4905015

General Features

  • Propery Type: MF
  • Total Number of Units: 3
  • Year Built: 1900
  • Acres: 0.217
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Irregular Lot
  • Lot Dimensions: Irregular
  • Status: Active
  • Style: (MF) One 1/2 Stories

Exterior Features

  • Exterior: Wood
  • Fencing: None
  • Road Frontage: City
  • Parking Characteristics: Uncovered/Open
  • Roof: Asphalt Shingles,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 1,960
  • Handicap Accessible: None
  • Basement: Partial,​Unfinished
  • Above Ground Finished SqFt: 1,960
  • Unit 1 B1 Dimensions: 9x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 9x11
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 3QTR Bath: 1
  • Unit 1 Bath Characteristics: Main Floor 3/4 Bath
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Total Expenses: 113
  • Unit 1 Living Room Dimensions: 11x9
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 550
  • Unit 2 Bedroom 1 Dimensions: 14x11
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 11x7
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 three Quarter Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Kitchen Dimensions: 8x11
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 15x8
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 5
  • Unit 3 Bedroom 1 Dimensions: 12x4
  • Unit 3 Bedroom 1 Level: Main (Ground)
  • Unit 3 Bedroom 2 Dimensions: 10x10
  • Unit 3 Bedroom 2 Level: Main (Ground)
  • Unit 3 3QTR Bath: 1
  • Unit 3 Bath Characteristics: Main Floor 3/4 Bath
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Kitchen Dimensions: 12x6
  • Unit 3 Kitchen Level: Main (Ground)
  • Unit 3 Living Room Dimensions: 12x9
  • Unit 3 Living Room Level: Main (Ground)
  • Unit 3 Number of Units: 1
  • Unit 3 Total Rooms: 5

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: Wall
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Wall
  • Unit 3 Appliances: Range,​Refrigerator
  • Unit 3 Air: Wall
  • Number of Ranges: Three
  • Number of Refrigerators: Three
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 6,600
  • Annual Gross Income: 21,600
  • Annual Electric Expense: 1,200
  • Annual Fuel Expense: 1,142
  • Annual Insurance Expense: 1,224
  • Annual Maintenance Expense: 500
  • Annual Repair Expense: 100
  • Annual Gross Expense: 4,066
  • Total Annual Expenses: 4,066
  • Annual Trash Expense: 960
  • Annual Water/Sewer Expense: 1,800
  • Unit 1 Monthly Rent: 550
  • Unit 2 Annual Rent: 600
  • Unit 2 Total Expenses: 113
  • Unit 2 Monthly Rent: 500
  • Unit 3 Annual Rent: 9,000
  • Unit 3 Total Expenses: 113
  • Unit 3 Monthly Rent: 750
  • Tax Amount: 1,270
  • Tax With Assessments: 1,270
  • Tax Year: 2017

Community Features

  • Municipality: Hutchinson
  • County: Mcleod
  • Postal City: Hutchinson (MN)

School Features

  • School District: 423 - Hutchinson
  • School District Phone: 320-587-2860

Misc Features

  • Amenities - Shared: None
  • Construction Status: Previously Owned
  • Foundation Size: 1,336
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 419 SW 4th Avenue, Hutchinson, MN 55350
Main Street South - 4th Avenue SW to property.
The listing information for 419 SW 4th Avenue, Hutchinson, MN 55350 was graciously provided by our friends at the listing brokerage, Keller Williams Integrity Northwest

Get Financing for 419 SW 4th Avenue, Hutchinson, MN 55350

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $564.88
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Last Updated 02/23/2018 at 6:03am
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