217 5th Street S
Breckenridge, MN 56520
- – beds
- – baths
- 2,980 sqft
- $45 per sqft
- 1888 build
- – on site
Investment opportunity knocks! This four-plex meets the 1% rule, making it a great addition to any portfolio. Each unit is a one-bedroom, one-bath, with a four-stall detached garage. Currently managed by a rental property management company, all utilities (except electric) are included in rent. Rents are currently below market, and the new owner could boost revenue by charging for garage parking and utilities. The basement offers shared storage and potential for coin laundry. Don’t miss this value-add opportunity!
Last checked:
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Last updated Mar 6, 2025
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MLS# 6658160 —
The Building
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Year Built:1888
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New Construction:false
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Age Of Property:137
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Construction Materials:Fiber Cement
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Construction Materials Desc:Frame
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Roof:Asphalt
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Accessibility Features:None
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Levels:Two
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Main Level Finished Area:1700.0000
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Basement:Concrete
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Basement:true
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Foundation Area:1300
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Building Area Total:4280
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Above Grade Finished Area:2980
Room Dimensions
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Living Area:2980
Location
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Directions:From Highway 75 entering from the south end of town, drive north past Dacotah Ave, property will be on the left.
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Latitude:46.26156
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Longitude:-96.588394
The Property
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Parcel Number:230501055
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Additional Parcels:false
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Lot Size Area:0.2
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Lot Size Dimensions:66x133
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Lot Size Units:Acres
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (612) 616-7387
- Office phone:
- (320) 363-4363
Taxes
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Tax Year:2024
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Tax Annual Amount:1540
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Tax With Assessments:1540.0000
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Boiler
Utilities
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Electric:Fuses
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Four
Schools
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High School District:Breckenridge
The Community
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Subdivision Name:City Breckenridge
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Association Amenities:Coin-op Laundry Owned
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Assessment Pending:No
Parking
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Garage Spaces:4
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Garage SqFt:810
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/6/25
Mar 6, 2025
|
Price Changed | NORTHSTAR | $136,900 | -6.8% |
2/11/25
Feb 11, 2025
|
Listed / Active | NORTHSTAR | $146,900 | 63.2% (52.3% / YR) |
11/28/23
Nov 28, 2023
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NORTHSTAR | $90,000 |