$510,000
$539,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
38964 12th AVE North Branch, MN 55056
3,960 SqFt
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $128
Subdivision Gregors Add
MLS Listing ID 6710254
Sold Date 06/06/25
Year Built 1984
Annual Tax Amount $5,738
Tax Year 2024
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 100 x 100
Property Sub-Type Triplex
Property Description
Fantastic opportunity for owner-occupants or savvy investors! This unique triplex features three units
plus a non-conforming 4th unit, offering a fantastic opportunity for additional rental income or multi-generational living. Property layout includes:
Unit 1: Bright and spacious 3-bedroom, 1-bath unit — ideal for families or long-term tenants.
Unit 2: Efficient and inviting 1-bedroom, 1-bath — perfect for singles, couples, or short-term stays.
Unit 3: Comfortable 2-bedroom, 1-bath unit — a reliable income-producing rental. Remodeled in 2022.
Unit 4: Non-conforming 2-bedroom, 1-bath unit — currently rented, providing extra income. Remodeled in 2023.
Each unit has its own charm, and the property offers strong rental history with value-add potential.
Whether you're looking to expand your portfolio or live in one unit while renting the others, this property is packed with upside..
Location
State MN
County Chisago
Rooms
Basement Block, Daylight/Lookout Windows, Egress Window(s), Finished, Single Tenant Access
Interior
Heating Baseboard
Fireplace No
Exterior
Garage Spaces 3.0
Building
Story One
Foundation 2048
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District North Branch
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