Pending: Austin MLS# 6468428
Pending
$117,000
Multi-family: Duplex Up and Down
Built 1920
1,790 sqft•0.14 acres
Austin schools
MLS# 6468428
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Property Description
Great investment opportunity on a corner lot in northwest Austin located 1 block from Mayo Clinic Health System. Duplex upper/lower). Lower unit has 2 bedrooms, 3/4 bath, kitchen, formal dining room & living room. Upper unit has 1 bedroom, 3/4 bath, kitchen/dining & living room. Interior in both units has been recently painted. Interior needs new floor coverings and some trim. Shared laundry (no coins) in basement for both unites. All new replacement windows and exterior doors and new forced air furnace in the past 8 years. Lower unit rents for $800/mth and upper for $600/mth. Attached single car garage goes with lower unit and detached garage goes with the upper unit. Separate entrances for both units. This was originally built as a single-family home that was converted to a duplex. This property could easily be converted back to a 4-5 bedroom single-family home. Updated 100-amp electrical panel. Seller will pay up to $3, 000 for new flooring allowance.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$117,000
Price per sq ft:
$65
Property Type:
Multi-family
City:
Austin
Garage Spaces:
2
County:
Mower
Year Built:
1920
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55912
Subdivision Name:
Woodlawn Park
Interior
Finished Area:
1,790 ft2
Living Area:
1,790 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Crawl Space
- Partial
- Stone/Rock
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
12x20
Garage Size:
420 ft2
Garage Door Height:
7
Garage Door Width:
9
Foundation Size:
348 ft2
Foundation Dimensions:
12x29
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
- Detached
- Gravel
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Steel Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.14
Geolocation:
43.6766543173, -92.979918254
Lot Dimensions:
44 x 135
Zoning:
Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
492
District Phone:
507-460-1900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$4,627
Annual Fuel Expense:
$1,247
Annual Insurance Expense:
$827
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,552
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,131
Tenant Expenses:
Cable TV, Grounds Care, Trash Collection
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$2,068
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,068
Income
Annual Gross Income:
$16,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Better Homes and Gardens Real Estate First Choice.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.