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Active
$195,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1890
2,312 sqft0.26 acres
Willmar schools
MLS# 6490669
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    Property Description

    Opportunity knocks with this fantastic 2-unit duplex! Imagine living in one unit while the other helps pay your mortgage, or renting out both for a great investment. The building is currently under professional management, both units and garages are already leased, providing immediate income. The large corner lot provides plenty of outdoor space for tenants to enjoy, and the location is unbeatable - close to restaurants, grocery stores, and all the shopping you could want. Don't miss out on this chance to secure your financial future with a smart investment.

    Listing

    Contingency: None
    Price per sq ft: $84
    City: Willmar
    County: Kandiyohi
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56201
    Subdivision Name: Glarums Add To Willmar

    Interior

    Living Area: 2,312 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Garage Size: 440 ft2
    Foundation Size: 1,156 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Concrete
    • Detached
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.26
    Geolocation: 45.11544200, -95.03878000
    Lot Dimensions: 75 x 150
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 347
    District Phone: 320-231-8500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,548
    Annual Maintenance Expense: $500
    Annual Gross Expense: $2,048
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,226
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,226

    Income

    Annual Gross Income: $21,477

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • City Sewer/Connected
    Water System:
    • City Water - In Street
    • City Water/Connected

    Mortgage Calculator

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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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Stormo Real Estate and Property Management.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.