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Active
$290,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1910
1,728 sqft0.06 acres
New Prague Area schools
MLS# 6512438
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    Property Description

    Whether you’re adding inventory & income to your rental portfolio or just starting to invest, this duplex may be right for you! There are two 2-bedroom apartments with washers & dryers in the unit and all utilities are paid for by the tenants. Leases in place & updates done! With the proximity of downtown, the main floor could easily be a business office when the lease is up.

    Listing

    Contingency: None
    Price per sq ft: $168
    City: New Prague
    County: Scott
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56071
    Subdivision Name: Subdivisionname St Wenceslaus Add

    Interior

    Living Area: 1,728 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Foundation Size: 1,254 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.06
    Geolocation: 44.544194, -93.575822
    Lot Dimensions: 36 x 70.5
    Addl Parcels: 249341251
    Zoning: Business/Commercial

    Schools

    School District: 721
    District Phone: 952-758-1700

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,629
    Annual Maintenance Expense: $500
    Annual Gross Expense: $500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $2,484
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,484

    Income

    Annual Gross Income: $31,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    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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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.