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214 Parke Avenue S, Glyndon, MN 56547

$192,750
Property Type: Multi-Family Bedrooms: 5 Baths: 4 Square Footage: 2,496 Lot Size (sq. ft.): 8,820 Status: Closed
Current Price: $192,750 List Date: 8/28/2024 Last Modified: 10/01/2025

Overview

Description

Perfect HOUSE HACKING OPPORTUNITY on a remodeled 4-plex in Glyndon! Live for free while the other tenants in the building pay the mortgage! There are currently 2 open units, a 2 bedroom and a 1 bedroom, giving the buyer a choice which unit to live in. Would also make a great first investment property for a savvy investor. Call your favorite Realtor today to line up a showing!

Listing Details MLS# 6592050

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Year Built
1983
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1248
Above Ground SqFt
2496
Total SqFt
2496
Foundation Size
Yes
Lot Size SqFt
8820
Style
(MF) Four Plex
Total Finished Sqft
2496.00
Lot Dimensions
63 x 140
Assessment Pending
Unknown
Below Grd Total SqFt
0
Garage Stalls
0

Property Features

Accessible: None Basement: Partial Construction Status: Previously Owned Exterior: Vinyl Financing Terms: Conventional Fuel: Electric Heating: Baseboard Lock Box Type: Combo Possession: At Closing Rental License Type: Standard Sewer: City Sewer/Connected Showing Requirements: Showing Service Stories: Two Water: City Water/Connected

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-09-11
Contingency
None
Closed Date
2024-10-22
Original List Price
250000
ListPrice
225000
Sales Close Price
192750
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
214
Street Name
Parke
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Glyndon
County
Clay
State
MN
Zip Code
56547
Complex/Dev/Subdivision
Original Glyndon

Assessments

Assessment Installment
116
Tax With Assessments
2326
Assessment Balance
0
Assessments Paid Seller
0

Building Information

Finished SqFt Above Ground
2496

More Information

Income and Expenses

Annual Electric Expense
1200
Annual Gross Expenses
15629
Annual Gross Income
31350
Annual Insurance Expense
2428
Annual Maintenance Expense
3135
Annual Net Income
15721
Annual Trash Expense
5100
Total Annual Expenses
15629
Annual Caretaker Expense
0
Annual Fuel Expense
0
Annual Repair Expense
0
Annual Water/Sewer Expense
0
Misc Monthly Income
0
Misc. Annual Income
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
47
Section#
11
Township#
139

Unit 1

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
Yes
Annual Rent
7200
Full Baths
Yes
Monthly Rent
600
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit 2

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
2
Annual Rent
9000
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
750
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit 3

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
3
Annual Rent
9600
Finished SqFt
Yes
Full Baths
Yes
Monthly Rent
800
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
Yes

Unit 4

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
4
Annual Rent
7200
Finished SqFt
Yes
Full Baths
Yes
Monthly Rent
600
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
Yes

Unit Details

Total Units
4

Office/Member Info

Association
FMR

Location, Tax and Other Information

Legal Description
LOTS 21, 22 & S 1/2 OF LOT 23 BLK 10 SUBDIVISIONNAME ORIGINAL GLYNDON LOT 021 BLOCK 010 SUBDIVISIONCD 55400
Listing City
Glyndon
Map Page
999
Municipality
Glyndon
School District
Dilworth-Glyndon-Felton
School District Phone
218-287-2371
Zip Plus 4
3056
Property ID Number
554000660
Square Footage Source
County Records
Tax Year
2024
Tax Amount
2210
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Perfect HOUSE HACKING OPPORTUNITY on a remodeled 4-plex in Glyndon! Live for free while the other tenants in the building pay the mortgage! There are currently 2 open units, a 2 bedroom and a 1 bedroom, giving the buyer a choice which unit to live in. Would also make a great first investment property for a savvy investor. Call your favorite Realtor today to line up a showing!

Accessible

None
Yes

Basement

Partial
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Financing Terms

Conventional
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes

Lock Box Type

Combo
Yes

Parking Characteristics

Garage Dimensions
No

Possession

At Closing
Yes

Rental License Type

Standard
Yes

Sewer

City Sewer/Connected
Yes

Showing Requirements

Showing Service
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: KW Inspire Realty Keller Williams
Last Updated: October - 01 - 2025
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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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