9419 County Road 2

Glencoe, MN 55336

$399,000
Price
Beds
3,136 Sq. Ft.
$127 / Sq. Ft.
3,136
Sq. Ft.
$127
per Sq. Ft.

Description

Cap rate over 7! This turnkey property couldn’t be placed in a better location! The expansive backyard opens up to panoramic views of the countryside. Between the tranquil setting and the large units, who wouldn’t want to rent here! There are multiple income opportunities and would even be perfect for an owner occupant, where your tenants pay your mortgage! Or you could rent all three units, and one single car garage, and one double car garage separately, or any combination. Newer roof, water heaters,...Cap rate over 7! This turnkey property couldn’t be placed in a better location! The expansive backyard opens up to panoramic views of the countryside. Between the tranquil setting and the large units, who wouldn’t want to rent here! There are multiple income opportunities and would even be perfect for an owner occupant, where your tenants pay your mortgage! Or you could rent all three units, and one single car garage, and one double car garage separately, or any combination. Newer roof, water heaters, A/C units, some newer appliances. Lower unit completely renovated in 2016. Room to increase rents as-is, all leases are month to month. Same tenants for 5+ years! Renters pay all utilities.
  1. Listed by National Realty Guild

Property Details for 9419 County Road 2

Zoning Jurisdiction
Residential-Multi-Family

Location

Listing Courtesy of National Realty Guild
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LISTING UPDATED: 04/17/2024 09:04 PM

Property Details for 9419 County Road 2

StatusActive
MLS #6520002
Days on Compass15
Taxes$2,276 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1967
Lot Size0.81 AC / 35,283 SF
CountyMcLeod County

Location

Listing Courtesy of National Realty Guild
Add your commute

Building Information for 9419 County Road 2

Stories-Residences3Year Built1967Building Size-Lot Size0.81 AC / 35,283 SF

Payment Calculator

$2,367 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9419 County Road 2

Summary
Location and General Information
  • City Name: Glencoe Twp
  • County Or Parish: McLeod
  • County: McLeod-MN
  • Directions: W on 212, S on Morningside Dr,
  • Latitude: 44.752392
  • Longitude: -94.152071
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Glencoe
  • City and Location Text: Glencoe(MN)
  • Postal Code: 55336
  • State Or Province: MN
  • Public Survey Township: 115
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 040231300
  • Tax Annual Amount: $2,276.00
  • Tax Legal Description: SECT-23 TWP-115 RANGE-028 .81 AC .81 AC OF N 1/2 SE 1/4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 2276.0000
School Information
  • High School District: 2859 - Glencoe-Silver Lake
  • School District Number: 2859
  • School District Phone: 320-864-2498
Property
Lot Information
  • Above Grade Fin SQFT: 2136.0
  • Below Grade Fin SQFT: 1000.0
  • SQFT Total: 3136.0
  • Lot Features: Tree Coverage - Medium
  • Lot Size Area: 0.81
  • Lot Size Dimensions: 187.84x187.84
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • SQFT Main Total: 2136.0000
  • Above Grade SqFt Total: 2136.0000
  • Below Grade SqFt Total: 1000.0000
  • Sqft Total: 3136.00
Property and Assessments
  • Age Of Property: 57
Utilities
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
  • Water Source: Private, Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 2136.0
  • Fuel: Natural Gas
  • Roof: Age 8 Years or Less
Interior Features
  • Basement Type: Egress Window(s), Finished, Walkout
  • Garage Square Feet: 1200
  • Heating: Boiler, Forced Air
  • Levels: One
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 2
  • Unit Rooms Total: 5
  • Unit SqFt: 1068
  • Unit Type Actual Rent: $1,295.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 13140
Unit 2
  • Unit Appl: Dryer,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 1
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 1
  • Unit Room Spec: All Living Fac. on One Level
  • Unit Rooms Total: 7
  • Unit SqFt: 1068
  • Unit Type Actual Rent: $1,295.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 12540
Unit 3
  • Unit Amenities: Other
  • Unit Appl: Dryer,Range,Stainless Steel Appliances
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 2
  • Unit Rooms Total: 5
  • Unit SqFt: 1000
  • Unit Type Actual Rent: $845.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 10020

Property History for 9419 County Road 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9419 County Road 2

Taxable ValueLand$66,000Additions$190,900Total$256,900
Tax Record2019$1,872 ($156 / month)
Home Facts
Beds6Total Finished SqFt3,035 SqFtAbove Grade Finished SqFt1,971 SqFtFinished Basement SqFt1,064 SqFtStories1Lot Size35,284 SqFtStyleSingle Family ResidenceYear Built1967CountyMCLEODAPN04.023.1300

Schools near 9419 County Road 2

This home is within Glencoe-Silver Lake School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Baker Elementary School
PublicPK to 2

Lakeside Elementary School
Public3 to 6

Lincoln Junior High School
Public7 to 8

Glencoe-Silver Lake Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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9419 County Road 2 is a multi-family home for sale in Glencoe, MN 55336. This property was listed for sale on April 16, 2024 by National Realty Guild, it's currently listed at $399,000. This listing's school district is Glencoe-Silver Lake School District. Nearby schools include Baker Elementary School, Lakeside Elementary School and Lincoln Junior High School. 9419 County Road 2 is a 0-bed, 0-bath, 3,136 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of National Realty Guild

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/17/2024 09:04 PM