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Active NEW!
$310,000
/mo Edit
Multi-family:  2 Stories
5 br • 3 ba • Built 1920
2,568 sqft • 0.546 acres
MLS# 7024363
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    Property Description

    Up/down duplex in Princeton. Renovated interior. New vinyl siding. 3 BR / 2 BA main floor unit. 2 BR / 1 BA 2nd floor unit. Separate electricity. Forced air furnace. Main floor unit could be divided into two units.

    Listing

    Contingency: None
    Price per sq ft: $121
    City: Princeton
    County: Mille Lacs
    State: MN
    Property Style: 2 Stories
    Zip Code: 55371
    Subdivision Name: Princeton - Original Townsite

    Interior

    Living Area: 2,568 ft2
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,653 ft2
    Handicap Accessible: None
    Heating System: Forced Air

    Rooms

    Laundry: In Unit

    Lot & Land

    Acres: 0.546
    Geolocation: 45.572886, -93.581887
    Lot Dimensions: 115' x 206'

    Schools

    School District: 1775
    District Phone: 7633892422

    Expenses

    Annual Caretaker Expense: $1,200
    Annual Electric Expense: None
    Annual Fuel Expense: $1,800
    Annual Insurance Expense: $3,500
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $900
    Tenant Expenses: Electricity, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,312
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,918

    Income

    Annual Gross Income: $41,400

    Rent

    Annual Net Income: $27,770

    Units

    Total Units: 2

    Miscellaneous

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

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Wits Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.