1 month on rocket

215 7th St S, Virginia, MN, 55792

$149,900

Home List Price

$1,780*

Closing Credit

0 Baths
1,680 SqFt
$89/SqFt
Multi

Location

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215 7th St S, Virginia$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1900
HeatingSteam
BasementYes
MLS #6602120
StatusActive

About 215 7th St S

Incredible opportunity in Virginia with a 11.2% Pro Forma Cap Rate. Add coin op washer/dryer for more income. Main level recently rehabbed and rented. New Boiler and Water Heater (2024). Garage is currently used by the neighbor who maintains snow and lawn, could be rented for additional income. Upper Level tenant has been there for 1.5 years and rent can be increased to current section 8 standards. Basement is in great shape and there is additional off street parking next to the garage. Rare opportunity to buy a unit and cashflow right away or live in one unit and the other unit rent will make your mortgage payment!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,680 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Virginia Secondary School, Public District Grades 7-12
  • Roosevelt Elementary School, Public District Grades 3-6

Other

Directions Information:

  • Directions: Follow MN-33 N and US-53 N to 7th St S in Virginia

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900
  • Price Per SqFt: $89/SqFt

Tax Information:

  • Annual Amount: $1,200
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Virginia, MN.

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Virginia, MN

City

Med. Sold Price

$72.4K

Med. Price/SqFt

$47

Avg. Days On Market

47

# of Sold Homes

4

215 7th St S vs Virginia

52 DAYS ON ROCKET

+5 Days

$149,900

+$77.5K More

$89/SqFt

+$41 More

KEY TAKEAWAY

This property is $77.5K more than the Median Sold Price and $41/SqFt more than other homes in Virginia, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6602120

Listing Office:

  • Office Name: RE/MAX Advantage Plus

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Last updated on: 11/5/2024, 8:22:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,200$44,200
2019$1,164$44,200
2017$916$38,300

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2039955
6
/10

  • Roosevelt Elementary School

  • 411 S 5th Ave

  • 0.31 miles

  • Public District Grades 3-6

High School

school-card-donut-2039956
7
/10

  • Virginia Secondary School

  • 411 S 5th Ave

  • 0.31 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,077. Typical income of Virginia, MN residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Saint Louis County›Virginia›55792›215 7th St S

This home is located at 215 7th St S in Virginia, MN and zip code 55792. This 1,680 square foot home was built in 1900. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $149,900.

While more than 0 listings in Virginia, MN in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Virginia, MN increased by 16% between September 2024 and October 2024. In October 2024 median list price was $72,400 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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