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Active
$350,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1873
1,852 sqft0.16 acres
Howard Lake-Waverly-Winst schools
MLS# 6523921
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    Property Description

    Great investment opportunity for investors or owner-occupants seeking an income-generating property. This property features an up-and-down duplex configuration, providing two separate living units that can generate rental income or accommodate multi-generational living arrangements. Both units are two bedrooms and 1 bathroom and utilize separate utilities and mechanicals allowing for efficient and independent management of utilities. This multi-family home has been completely remodeled, with updated wiring, plumbing, insulation, walls, flooring, cabinets, appliance, furnace's, water heaters etc. Both units have their own laundry and include both a washer & dryer. This property is located in a convenient location with easy access to the metro. Don't miss this opportunity!

    Listing

    Contingency: None
    Price per sq ft: $189
    City: Howard Lake
    County: Wright
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55349
    Subdivision Name: Original Howard Lake

    Interior

    Living Area: 1,852 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Owner Access
    • Partial
    • Sump Pump
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 926 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Gravel
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Fiber Board
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.16
    Geolocation: 45.059624, -94.068082
    Lot Dimensions: 115 x 65
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 2687
    District Phone: 320-543-3521

    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: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $814
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $814

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    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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    Listing provided by RMLS, courtesy of Kg Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.