423 1ST Street NW, Cass Lake MN 56633 - Photo 1 of 16

423 1ST Street NW, Cass Lake, MN 56633

5 Beds | 3 Baths | 3,024 Sq Ft | Multi-Family | MLS# 6786479

Price Reduced — was $100,000 (↓ $5,000)

$95,000
Cass Lake, MN Active

About This Home

This triplex offers immediate cash flow with proven rental history. Currently generating $1,975 per month in gross rent, this property exceeds the 1% rule and is an excellent addition to any portfolio.

Key Features

Property Type
Triplex
Year Built
1940
Above Grade
3,024 sq ft
Lot Size
0.22 acres
Heating
Baseboard
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$1,264
Special Assessments
$66
School District
Cass Lake-Bena Schools
County
Cass
Days on Market
303

423 1ST Street NW is listed in Cass Lake, MN, part of Cass. Browse all Minnesota homes for sale on Modern Market REALTORS®.

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MLS# 6786479

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Frequently Asked Questions About 423 1ST Street NW

What are the special assessments at 423 1ST Street NW — and what do they mean?
This property has $66/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $1,264/yr. Always factor both into your total monthly housing cost before making an offer.
How big is the lot at 423 1ST Street NW?
The lot at 423 1ST Street NW is 0.22 acres (9,583 sq ft).
What type of heating and cooling does 423 1ST Street NW have?
This home has Baseboard heating.