About this propertyMLS® 1301139
Where do I start? We have a large bungalow with a large 2 bedroom apartment which has its own double paved driveway. There is a detached garage that measures 24x56, approximately 1344 sq. ft. The garage at one time was used as a commercial business, and maybe again. Its has 2x6 10 foot high walls with large garage door. It has a bathroom with hot and cool water. There is an industrial 5 horsepower air compressor with air hose piping throughout the building every 9 feet. There is a mini split, and furnace. Tank is expired and the responsibility of purchaser to replace. Just one more thing there is also a 16x22 foot shed with power. There is ample parking and 95 percent of the property is fenced, mostly chain link with a gate that you can open, jump on your quad or snowmobile and go for miles. Lets get back to the main house, and apartment. The main unit is well maintain with 3 bedrooms, large living room, sunken family room, a rec room, office, and 2 bathrooms. The apartment will attract so much interest when advertised for rent. It is a recently renovated large 2 bedroom bright gem. Throughout the house, up and down there are all pot lights, electronic thermostates, and decor switches. There is also a mini split in the main unit. The plumbing up and down is 95 percent pex. I know I am forgetting something, but that will just add to the excitement when you book a viewing. Call now! ---The Seller(s) hereby directs the listing Brokerage not to convey any written signed offers prior to 2 PM on August 04, 2026. The seller further directs that all offers must remain open for acceptance until 6 PM on August 04, 2026. Conveyance includes but is not limited to presentation, communication, transmission, entertainment or notification. (id:56688)
Property details
Coordinates: [47.461711, -52.786056]
Rooms
| Basement | Bath (# pieces 1-6) Not known Not known Not known Not known Not known Porch | 6 x 11 null 6 x 5 null 7.6 x 11 null 9.3 x 11.3 null 12.9 x 9.9 null 12 x 14.6 null 9 x 7 null |
| Lower level | Bath (# pieces 1-6) Storage Office Porch Recreation room | 4.6 x 8 null 4 x 3.5 null 11 x 10 null 7 x 9/11 x 5.10 null 12.2 x 18.6 null |
| Main level | Bath (# pieces 1-6) Bedroom Bedroom Primary Bedroom Family room Eat in kitchen Porch Living room Foyer | 8.6 x 7.4 null 10 x 12.9 null 8.10 x 12 null 14.3 x 11.10 null 14.2 x 11.7 null 12 x 17 null 3.3 x 7.8 null 19 x 13 null 6 x 4 null |
Basic Calculator
First Mortgage: $359,200
Mortgage insurance premium: $0
Total Financing: $359,200
Rough closing fee (1.5%): ~ $6,735
Total downpayment with estimated closing fee: $96,535
Investment Calculator:
| Monthly | Yearly | |
|---|---|---|
| Gross Revenue | $1,651 | $19,812 |
| Gross rental income (income/principal ratio) | 0.368% | 4.412% |
| Mortgage | $0 | $0 |
| Monthly Expenses | $562 | $6,744 |
| Vacancy | $83 | $991 |
| Management Fee | $133 | $1,585 |
| Expense / Income Ratio | 34.04% | 34.04% |
| Cash Flow | $875 | $10,500 |
| Net Operating Income (NOI) | $875 | $10,500 |
| Capitalization Rate | 0.19% | 2.34% |
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