Property Listing
Description
Incredible investment opportunity in Bethel! This fully rented triplex brings in $4,482/month: Unit 1 rents for $1,387, Unit 2 for $1,350, Unit 3 for $1,250, and the garage/storage area for $495. The owner invested approximately $100,000 in improvements, including full electrical rewiring, new panels, a full remodel of Unit 2, and more—all completed with permits and inspections in collaboration with the City of Bethel. Siding was replaced in 2023, the roof is only 4 years old, and all windows have been replaced (except Unit 1). Each unit has access to the side yard, and two units enjoy private decks. The garage features a large second story and a third stall—offering strong potential to add a fourth unit (subject to city approval). Strong rental income with relatively low expenses makes this a solid opportunity to grow your portfolio. Don’t miss out!
Property Information
Status: Active
Sub Type: ********
List Price: $479,900
MLS#: 6727165
Current Price: $479,900
Address: 114 Main Street NW, Bethel, MN 55005
City: Bethel
State: MN
Postal Code: 55005
Geo Lat: 45.40347
Geo Lon: -93.267409
Subdivision: Bethel
County: Anoka
Property Description
Year Built: 1945
Lot Size SqFt: 10454.4
Gen Tax: 4404.54
Specials Inst: 48.04
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3152
Style: Array
Total Bedrooms: 7
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 3
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: