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Active
$350,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1918
1,935 sqft0.18 acres
Waconia schools
MLS# 6499713
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    Property Description

    Rare duplex opportunity in Waconia! With duplex numbers in the single digits in the city, these properties don't come up often. There are so many great options! Own and occupy more affordably than with a single-family home while you live in half and a tenant pays a significant portion of the mortgage. Looking for generational living options while still maintaining space from your loved ones? You can do that here! Or, maybe you're an investor looking to buy your first rental or grow your portfolio. This could be the one for you! Keep long term tenants or explore short-mid term leasing options. There are two units, each with two bedrooms/1 bathroom. The garage is separated by a partition so each unit has a private stall. Shared laundry in the basement. This home is within blocks of a fun restaurant, cafe & bar scene, Lake Waconia, a hospital, groceries & more!

    Listing

    Contingency: None
    Price per sq ft: $181
    City: Waconia
    County: Carver
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55387
    Subdivision Name: Village/Waconia

    Interior

    Living Area: 1,935 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Owner Access
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 23x25
    Garage Size: 581 ft2
    Foundation Size: 836 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Assigned
    • Detached
    • Gravel
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.18
    Geolocation: 44.84646600, -93.78503900
    Lot Dimensions: 156 x 50
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 110
    District Phone: 952-442-0600

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,104
    Tenant Expenses: Electricity, Gas, Grounds Care

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $4,232
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,232

    Income

    Annual Gross Income: $25,140
    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

    Mortgage Calculator

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    Payment:  /mo

    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 Keller Williams Integrity Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.