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$297,500
/mo Edit
Multi-family:  Duplex Up and Down
Built 1880
2,368 sqft0.22 acres
Stillwater schools
MLS# 6521348
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    Property Description

    Excellent location for a large duplex in the heart of South Hill Stillwater. Tremendous upside for someone looking to invest into the property. Currently 3 Bedroom up 2 Bedroom down. There is unfinished space for both units that could be turned into extra living space. The large lot allows for double garage, and a nice back yard. This size duplex is becoming more and more difficult to find. Utilities are separated both gas and electric. Lower unit is month-to-month to allow for buyer to owner-occupy. Listing agent is related to the seller. **24 Hour Notice required for all showings**

    Listing

    Contingency: None
    Price per sq ft: $126
    City: Stillwater
    County: Washington
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55082
    Subdivision Name: Churchill Nelson Slaughter Add

    Interior

    Living Area: 2,368 ft2
    Basement Details:
    • Crawl Space
    • Partial

    Exterior

    Stories: Two
    Foundation Size: 940 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage: City Street
    Exterior Material: Wood Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.22
    Geolocation: 45.047525, -92.804116
    Lot Dimensions: 40 x 70
    Zoning: Residential-Multi-Family

    Schools

    School District: 834
    District Phone: 651-351-8301

    Expenses

    Annual Caretaker Expense: $500
    Annual Insurance Expense: $1,200
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $4,200
    Annual Water/Sewer Expense: $1,000
    Tenant Expenses: All Utilities, Trash Collection

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,489
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,582

    Income

    Annual Gross Income: $26,100

    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 Metro East Commercial Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.