506 3RD Avenue NE, Roseau, MN 56751 (MLS# 25-1134)


$505,000
506 3RD Avenue NE
Roseau, MN 56751
MLS# 25-1134
17 beds  |  12 baths  |  9180 sqft


Exterior 11
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Exterior 11 Interior 11 Interior 12 Interior 13 Interior 14 Interior 8 Interior 9 Interior 10 Exterior 10 Exterior 9

Property Description
This 12-unit apartment building has a mix of five 2-bedroom units and 7 1-bedroom units. Building consists of brick construction, on site laundry, boiler heat (paid by landlord), surface parking. Rents range from $510 to $600 with tenant responsible for electric. Overall performance could increase by implementing a Ratio Utility Billing System (RUBS) program to absorb some of the heat expense.

Details
Maps
General Property Information
Realtor.COM Type: Multi-Family
Below Ground SQFT: 3060
Lot Size Dimensions: Irreg
Above Ground SQFT: 6120
Total Bedrooms: 17
Garage Type: None
Garage Stalls: 0
Lot SqFt: 21000
Waterfront: No
Property Subtype: Multi Family
Total SqFt.: 9180
Total Bathrooms: 12
Year Built: 1967
Location, Tax and Legal Information
Tax Year: 2025
Pend+Proposed Spec: 0
Taxes: 6190
Flood Plain: Contact Lender
Parcel Number: 540239200
Specials Amount: 960.00
Total Tax & Specials: 7,150.00
Specials Unpaid: TBD
Legal: Auditor's Plat 2 Subdivision 6
Agent/Agency Information
Extra Agency Info: 1
Levels
Two: 1
Income
Gross Scheduled Income: 6,635.00
Inclusions
# Air Conditioners: 12
# Ranges: 12
# Refrigerators: 12
Expenses
Tax and Specials Exp Information: 7,150.00
Showing Instructions
Showing Service: None
Contract Information
Status: Active
List Price: $505,000
Current Price: $505,000
Location Tax and Legal Information
Area: Small Town MN
House Number: 506
Street Name: 3RD
Street Suffix: Avenue
Street Direction Sfx: NE
State/Province: MN
Country: USA
Postal Code: 56751
County: Roseau
Zoning: A-1 Limited Development
Confidential Information
Begin Date: 2025-07-25
Property Features
Levels: Two

Listing Office: Crary Real Estate

Last Updated: December - 12 - 2025

Information deemed reliable but not guaranteed.


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