Home › 39208-39214 Grand Avenue, North Branch, MN 55056 (MLS# 7140649)

39208-39214 Grand Avenue, North Branch, MN 55056 (MLS# 7140649)

$800,000
39208-39214 Grand Avenue
North Branch, MN 55056
MLS# 7140649
10 beds  |  6 baths  |  3164 sqft
39208-39214 Grand Avenue, North Branch, MN 55056
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39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056 39208-39214 Grand Avenue, North Branch, MN 55056

Property Description
Looking for your next investment?? This property is it! 4 rented out town homes in North Branch MN. Each unit has it's own garage for tenants plus each unit is fenced in for privacy. The tenants have been renting here for many years and are reliable. This property offers solid rental income with multiple clean, functional units featuring practical layouts and good natural light. All the tenants have passed background checks and do not cause issues. They all have year leases and with Off street parking, mature trees, and usable yard space add convenience and curb appeal. A strong investment opportunity in a desirable location.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 800000
Original List Price: 800000
ListPrice: 800000
List Date: 2026-09-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1982
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Bedrooms: 10
Baths Total: 6
Main Floor Total SqFt: 1224
Above Ground SqFt: 3164
Total SqFt: 3164
Foundation Size: 3164
Style: (MF) Four Plex
Total Finished Sqft: 3164.00
Garage Stalls: 4
Lot Dimensions: 244x225
Acres: 0.7
Assessment Pending: No
Location Tax and Other Information
House Number: 39208-39214
Street Name: Grand
Street Suffix: Avenue
Postal City: North Branch
County: Chisago
State: MN
Zip Code: 55056
Assessments
Tax With Assessments: 5000
Building Information
Finished SqFt Above Ground: 3164
Income and Expenses
Annual Gross Expenses: 2620
Annual Gross Income: 56400
Annual Insurance Expense: 3800
Annual Trash Expense: 1800
Annual Water/Sewer Expense: 820
Total Annual Expenses: 2620
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 120
Unit 1
Furnished?: No
Lease Expiration Date: 2027-01-01
Leased?: Yes
Unit Number: 1
Annual Rent: 15000
Finished SqFt: 869
Full Baths: 1
Monthly Expense: 500
Monthly Rent: 1250
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 7
Unit 2
Furnished?: No
Lease Expiration Date: 2027-01-01
Leased?: Yes
Unit Number: 2
1/4 Baths: 1
Annual Rent: 13200
Finished SqFt: 713
Full Baths: 1
Monthly Expense: 500
Monthly Rent: 1100
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 6
Unit 3
Furnished?: No
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Main Level
Unit Number: 3
1/4 Baths: 1
Annual Rent: 13200
Finished SqFt: 713
Full Baths: 1
Monthly Expense: 500
Monthly Rent: 1100
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 6
Unit 4
Furnished?: No
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 15000
Finished SqFt: 869
Full Baths: 1
Monthly Expense: 500
Monthly Rent: 1250
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 7
Unit Details
Total Units: 4
Property Features
Accessible: None
Basement: None
Construction Status: Previously Owned
Exterior: Vinyl
Fencing: Wood
Foundation: Slab
Fuel: Natural Gas
Heating: Forced Air
Owner Pays: Taxes; Trash Collection
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Gas; Heat; Water
Unit 1 Amenities: Deck
Unit 1 Cooling: Central
Unit 2 Cooling: Central
Unit 3 Cooling: Central
Unit 4 Cooling: Central
Water: City Water/Connected

Listing Office: Edina Realty, Inc.

Last Updated: October - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 22nd of October 2026 11:03 PM

218-998-4400

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