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For Sale:  Hastings MLS# 6712680

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Charming rental property w/ wraparound porch
Charming rental property w/ wraparound porch

My notes for this property


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Active
Listed 2 months ago
$534,900
Est. Payment: $3,510/mo Edit
807 Vermillion Street
Hastings
Multi-family:  Four Plex
Built 1890
2,804 sqft • 0.48 acres
Hastings schools
MLS# 6712680
321-953-8783
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    • Listing
    • Community
    • Schools
    • Home Sales
    • Mortgage

    Property Description

    Historic Hastings fourplex charmer remodeled in 2000 including new electrical and plumbing. Convenient central location with the three most important food groups (pizza, ice cream & coffee) just a minute walk away! Great renters with up to 15 years of tenancy. Units are: Two 2BR/1 bath and Two 1BR/1 bath. Tenants pay electric and cable. New parking lot and shed. Note this building is not a historical building with restrictions. Agents/Buyers to verify info and measurements. List agent to attend all showings. Please allow minimum 24 hours notice for showings. First showing to be of unit #2. Subsequent showings will require proof of funds or pre approval and may be limited to units that are available to show. Rental rate information is for rents beginning June 2025. Listing agent related to Sellers.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $534,900
    Price per sq ft: $191
    Property Type: Multi-family
    City: Hastings
    Garage Spaces: 0
    County: Dakota
    Year Built: 1890
    State: MN
    Property Style: Four Plex
    Zip Code: 55033
    Subdivision Name: W C Herndon Add

    Interior

    Finished Area: 2,804 ft2
    Living Area: 2,804 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Crawl Space
    • Daylight/Lookout Windows
    • Full
    • Shared Access
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,442 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiant
    Parking Features:
    • Asphalt
    • Parking Lot
    Shared Amenities:
    • Laundry
    • Porch
    Exterior Material:
    • Aluminum Siding
    • Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.48
    Geolocation: 44.73798, -92.852115
    Lot Dimensions: 160 x 132 x 150 x 132
    Zoning: Residential-Multi-Family

    Schools

    School District: 200
    District Phone: 651-480-7002

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $272
    Annual Fuel Expense: $1,202
    Annual Insurance Expense: $4,176
    Annual Maintenance Expense: $742
    Annual Gross Expense: $18,687
    Annual Trash Expense: $292
    Annual Water/Sewer Expense: $909
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,114
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,114

    Income

    Annual Gross Income: $45,000

    Units

    Total Units: 4

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  $3,510/mo


    *The mortgage calculator is provided only for general information and educational purposes only. TheMLSonline.com does not guarantee the accuracy of the calculations or the monthly payment displayed. It is not intended as financial, insurance, tax or legal information regarding your financial situation; please consult with a financial advisor. Property insurance is based on approximately $35 per $100,000 of property value. Actual rate will vary based on coverage options.
    Amortization Schedule
    This amortization schedule shows how much of your monthly payment will go towards the principle and how much will go towards the interest.
    Month Principal Interest P&I Balance
    Year Principal Interest P&I Balance
    2026$4,448$29,302$33,751$423,472
    2027$4,764$28,986$33,751$418,707
    2028$5,103$28,648$33,751$413,605
    2029$5,465$28,286$33,751$408,140
    2030$5,853$27,898$33,751$402,287
    2031$6,269$27,482$33,751$396,018
    2032$6,714$27,037$33,751$389,305
    2033$7,190$26,560$33,751$382,114
    2034$7,701$26,050$33,751$374,413
    2035$8,248$25,503$33,751$366,165
    2036$8,834$24,917$33,751$357,331
    2037$9,461$24,290$33,751$347,871
    2038$10,133$23,618$33,751$337,738
    2039$10,852$22,898$33,751$326,885
    2040$11,623$22,128$33,751$315,262
    2041$12,448$21,302$33,751$302,814
    2042$13,332$20,418$33,751$289,482
    2043$14,279$19,472$33,751$275,203
    2044$15,293$18,458$33,751$259,910
    2045$16,379$17,372$33,751$243,531
    2046$17,542$16,209$33,751$225,989
    2047$18,788$14,963$33,751$207,201
    2048$20,122$13,629$33,751$187,079
    2049$21,551$12,200$33,751$165,528
    2050$23,081$10,670$33,751$142,447
    2051$24,720$9,030$33,751$117,727
    2052$26,476$7,275$33,751$91,251
    2053$28,356$5,395$33,751$62,895
    2054$30,369$3,381$33,751$32,526
    2055$32,526$1,225$33,751$0
    Listing provided by RMLS, courtesy of TheMLSonline.com, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
    For showings or questions, call 321-953-8783

    For showings or questions, call:

    321-953-8783



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    Home Affordability

    $3,510per month*P&I: $2,813Ins: $187Tax: $510

    Mortgage Rates

    Based on national averages. Updated 12 hours ago
    Loan Rate* Change
    30 yr Fixed 6.88% 0.03%
    15 yr Fixed 6.16% 0.02%
    5 yr ARM 6.44% 0.07%
    30 yr FHA 6.43% 0.04%
    30 yr Jumbo 6.97% 0.12%
    30 yr VA 6.44% 0.04%
    *Rates are only estimates & not guaranteed.

    Price History

    • May 1, 2025    $534,900

    Community Info

    Hastings, MN
    • $349,312 Avg Listing Price
    • $234 Avg Price/SqFt
    • 66 Active Listings
    • 363 Recently Sold
    • More Community Info
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