3589 Midway Rd Hermantown, MN 55810

3 beds · 1 bath · 1,296 sq ft · Lot Size: 1,514,581 sq ft · Single Family Home · Hermantown
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3589 Midway Rd is in the Hermantown neighborhood of Hermantown, MN. It is located in St. Louis County and ZIP code 55810. This Single Family Home was built in 1943 and is approximately 82 years old. The single family home spans 1296 sq ft with 3 bedrooms and 1 bathroom and sits on a 1514581 sq ft lot. The Hermantown area of Hermantown has 597 residential homes. Analyze and compare real estate investment strategies for properties like this home at 3589 Midway Rd Hermantown, MN 55810 with Property Intel by Whitepages.

Investment Potential for 3589 Midway Rd

Long-Term

Gross Rental
$25,200 per year($2,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 55810 zip code
 
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Owners & Occupancy for 3589 Midway Rd

This property is owned by Dan S Paitrick. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Cell Phone(218) ***-****
Residence**************
Landline(218) 624-5329+ 1 more
Distance from Property**********
Email Address*********@yahoo.com

Property Ownership Information

Property Tax Amount$3,574 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 52
Resident 2************** age 66

Property Details for 3589 Midway Rd

Property Details

Property Sq Ft

Living Area

1,296 sq ft

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Lot Size

1,514,581 sq ft

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Property condition, age, exterior, etc. for 3589 Midwa…
Longitude: -92.284055 Latitude: 46.769559 Parcel Number (APN): 395001009300…
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Market Benchmarks

Compare data for 3589 Midway Rd in St. Louis County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
YoY Price Change
Year Built
1943
1972
-29 years
Living Space
1,296 sq ft
1,643 sq ft
-347 (-21%)
$ Per Living Sq Ft
Lot Size
1,514,581 sq ft
11,701 sq ft
1502880 (12844%)
$ Per Lot Sq Ft

Net Operating Income
$16,980
$1,244 (7%)
Annual Revenue
$25,200
$25,800
-$600 (-2%)
$8,580
-$1,604 (-19%)
Net Operating Income
$16,980
$1,244 (7%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians