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:
43.67665432, -92.97991825
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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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.