For Sale: Pine River MLS# 7130852
Active
NEW!
$334,900
Multi-family: Fourplex
6 br • 4 ba • Built 1972
2,508 sqft • 1.4 acres
Pine River-Backus schools
MLS# 7130852
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Property Description
Flexible and well-maintained Pine River 4-unit property offering exceptional options for owner-occupants, multi-generational living, or full investment use. Set on a spacious in-town lot, this versatile property offers a rare blend of privacy, usable outdoor space, and convenient access to everyday amenities. The layout allows for multiple living strategies, including occupying part of the property while leasing other units, creating space for extended family, or maximizing income potential with all units in service. Recent seller improvements include a new deck, new kitchen flooring, remote-controlled ceiling fans, and more than $15, 000 in recent updates, giving the property a move-in ready feel while still leaving room for a new owner to personalize over time. Additional features include a 2-stall garage, storage, and a roof warranty for added peace of mind. Located near Pine River-Backus Schools, downtown shopping and dining, and the Paul Bunyan State Trail, this property combines flexibility, function, and location in one unique package. A standout opportunity for buyers seeking a property that can support a variety of lifestyle and investment goals.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$334,900
Price per sq ft:
$134
Property Type:
Multi-family
City:
Pine River
Garage Spaces:
2
County:
Cass
Year Built:
1972
State:
MN
Property Style:
Fourplex
Zip Code:
56474
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
2,508 ft2
Living Area:
2,508 ft2
Refrigerators:
Four
Basement Details:
- Block
- Egress Window(s)
- Finished
Exterior
Stories:
Modified Two Story
Garage Spaces:
2
Garage Dimensions:
24x22
Garage Size:
528 ft2
Foundation Size:
1 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
Road Frontage:
City Street
Exterior Material:
- Block
- Frame
Pool:
None
Roof Details:
Asphalt
Rooms
Laundry:
Main Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.4
Geolocation:
46.725408, -94.405016
Lot Dimensions:
Irr x 326 x 200 x 270
Zoning:
Residential-Multi-Family
Lot Description:
- Irregular Lot
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
2174
District Phone:
2185874720
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
$600
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
None
Annual Trash Expense:
$420
Annual Water/Sewer Expense:
$1,656
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,214
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$4,280
Income
Annual Gross Income:
$45,000
Units
Total Units:
4
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Minnesota Power
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.