Property Description Great investment opportunity in the heart of Braham! This fully rented multi-family home features two separate units with strong rental appeal. The main-level unit offers 1 bed, 1 bath, 491 sq ft, tall ceilings, and access to a one-car attached garage-perfect for convenient single-level living. The upper
unit includes 2 beds, 1 bath, and 465 sq ft of cozy space filled with natural light. Located in a charming small-town setting with walkable access to boutiques, a coffee shop, local entertainment, and quick highway access for commuters. A solid property with steady income and long-term potential.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-06-20
Contingency: None
Current Price: 180000
Closed Date: 2025-07-01
Original List Price: 200000
ListPrice: 200000
Sales Close Price: 180000
List Date: 2025-05-30
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 2
Main Floor Total SqFt: 491
Above Ground SqFt: 956
Total SqFt: 956
Foundation Size: 526
Style: (MF) Duplex Up and Down
Total Finished Sqft: 956.00
Power Company: East Central Energy
Garage Stalls: 1
Lot Dimensions: irregular
Acres: 0.16
Assessment Pending: No
Location Tax and Other Information
House Number: 208
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: SW
Postal City: Braham
County: Isanti
State: MN
Zip Code: 55006
Complex/Dev/Subdivision: Original Townsite Braham
Assessments
Tax With Assessments: 2482
Building Information
Finished SqFt Above Ground: 956
Income and Expenses
Annual Electric Expense: 1500
Annual Fuel Expense: 1332
Annual Gross Expenses: 6448
Annual Gross Income: 27000
Annual Insurance Expense: 1356
Annual Maintenance Expense: 350
Annual Repair Expense: 350
Annual Trash Expense: 300
Annual Water/Sewer Expense: 1260
Total Annual Expenses: 6448
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 273
Public Survey Info
Range#: 23
Section#: 02
Township#: 37
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
3/4 Baths: 1
Annual Rent: 13200
Finished SqFt: 491
Monthly Expense: 90
Monthly Rent: 1100
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit 2
Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 13800
Finished SqFt: 465
Full Baths: 1
Monthly Expense: 90
Monthly Rent: 1150
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility; Porch
Basement: Partial; Unfinished
Construction Status: Previously Owned
Exterior: Vinyl
Fencing: None
Financing Terms: Cash
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable; Fiber Optic
Laundry: Common Area; Main Level
Lock Box Type: Combo
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Road Frontage: City Street; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles
Sellers Terms: Cash; Conventional
Sewer: City Sewer/Connected
Stories: One and One Half
Tenant Pays: Broadband; Cable TV
Unit 1 Amenities: Ceiling Fan(s); Kitchen Window; Main Floor Primary Bedroom