726 Hassan Street SE, Hutchinson, MN 55350

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1978
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2080
Above Ground SqFt: 2416
Below Grd Total SqFt: 2080
Total SqFt: 4496
Foundation Size: 2416
Style: (MF) Triplex
Total Finished Sqft: 4160.00
Garage Stalls: 4
Lot Dimensions: 75 x 156 x 65 x 137
Acres: 0.32
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Sump Pump Construction Status: Previously Owned Existing Financing: Free and Clear Exterior: Steel Siding Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; In Basement Lock Box Type: Combo Lot Description: Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Tenant Pays: All Utilities Unit 1 Appliances: Range; Refrigerator Unit 1 Cooling: Central Unit 2 Amenities: Porch Unit 2 Appliances: Range; Refrigerator Unit 2 Cooling: Central Unit 3 Amenities: Porch Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Bath Description: Full Basement; Main Floor Full Bath Unit 3 Cooling: Central Unit 3 Dining Room Description: Informal Dining Room Unit 3 Family Room Characteristics: Family Room; Lower Level Unit 3 Fireplace Char: Wood Burning Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 490000
ListPrice: 475000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 726
Street Name: Hassan
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Hutchinson
County: McLeod
State: MN
Zip Code: 55350
Complex/Dev/Subdivision: Bonniwells 2nd

Assessments

Tax With Assessments: 7102
Assessment Balance: 0

Basement

Foundation Dimensions: 26x40
Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Sump Pump: Yes

More Information

Building Information

Finished SqFt Above Ground: 2080
Finished SqFt Below Ground: 2080

Income and Expenses

Annual Gross Expenses: 11329.14
Annual Gross Income: 19800
Annual Insurance Expense: 4227.14
Annual Net Income: 8470.86
Total Annual Expenses: 11329.14
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 34x22
Garage Square Feet: 748

Unit 1

Furnished?: No
Lease Expiration Date: 2026-12-31
Leased?: Yes
Level: Below Ground
Unit Number: Yes
Annual Rent: 9600
Finished SqFt: 1040
Full Baths: Yes
Monthly Rent: 800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-12-31
Leased?: Yes
Unit Number: 2
Annual Rent: 10200
Finished SqFt: 1040
Full Baths: Yes
Monthly Rent: 850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: No
Unit Number: 3
# of Fireplaces: Yes
Finished SqFt: 2080
Full Baths: 2
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 8

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: SUB BLK 18, BONNIWELL'S 2ND LOT 14 & N 1/2 OF LOT 15
Listing City: Hutchinson
Map Page: 999
Municipality: Hutchinson
School District: Hutchinson
School District Phone: 320-587-2860
Zip Plus 4: 4238
Property ID Number: 231490150
Tax Year: 2025
Tax Amount: 7102
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Exceptional opportunity in a highly desirable Hutchinson location—this well-maintained tri-plex offers built-in income and flexible living options. Two of the three units are currently leased, each featuring 2 bedrooms, 2 bathrooms, garage stall, and access to shared on-site laundry. The third unit, previously occupied by the original owner, provides an excellent option for an owner-occupant or an additional rental for full investment potential. This spacious unit includes 3 bedrooms, 2 bathrooms, a lower-level family room with a wet bar and wood-burning fireplace, a 3-season porch, private laundry, and 2 garage stalls. AC and Furnace units have been recently updated. Each Unit has been meticulously maintained. Whether you’re looking to live in one unit and let the other rentals help pay your mortgage, or you’re seeking a strong investment property with multiple income streams, this home delivers versatility and value. Conveniently located near Main Street Hutchinson, shopping, parks and amenities just minutes away. A rare find with endless potential.
Directions: From Hwy 15 S, travel South until you reach 5th Ave, turn East until you reach Hassan Street, turn South until you reach the property. Property is located on the West side of the Hassan Street.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Free and Clear: Yes

Exterior

Steel Siding: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

Common Area: Yes
In Basement: Yes

Lock Box Type

Combo: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Enclosed: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

All Utilities: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Cooling

Central: Yes

Unit 2 Amenities

Porch: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Cooling

Central: Yes

Unit 3 Amenities

Porch: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Full Basement: Yes
Main Floor Full Bath: Yes

Unit 3 Cooling

Central: Yes

Unit 3 Dining Room Description

Informal Dining Room: Yes

Unit 3 Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Unit 3 Fireplace Char

Wood Burning: Yes