$218,000
SOLD DEC 19, 2024
4 Beds
2 Baths
1,588 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

11% Below List Price

80 Days on Market

About This Home

As of December 2024

Fantastic opportunity to be a first time investor or a seasoned investor adding to your portfolio in the residential rental business. This up down duplex is walking distance to downtown. The features are garage parking for $50 per month, outside parking is included, separate electric services or meter, shared laundry in the basement, grass lawn back yard to relax in.
Utility fee is include in monthly rent for lower unit of $ 1150 per month and $900 for upper unit.
The units are being re-certified for another 3 years by owners.
Owner will consider owner finance to qualified buyer with an interest rate substantially below market rate.

Last Agent to Sell the Property

John Kronebusch

Property Brokers of Minnesota Listed on: 09/12/2024

Last Buyer's Agent

Riley Carter

Lakes Sotheby's International Realty

Lakes Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,320

Year Built

  • Built in 1900

Lot Details

  • Irregular Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex

Interior Spaces

  • 1,588 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Elton Hills Elementary School
  • John Adams Middle School
  • John Marshall High School

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Community Details

  • 2 Units
  • Northern Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, parking fee
  • The owner pays for gas, insurance, grounds care, repairs, sewer, snow removal
  • Assessor Parcel Number 743512015976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,320

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Common Laundry
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1588
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1588
  • Owner Pays: Gas, Insurance, Grounds Care, Repairs, Sewer, Snow Removal
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom,Walk-In Closet
  • Appliances: Gas Water Heater,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 6
  • Amenities: Cable,Open Floorplan
  • Appliances: Range
  • Total Rooms: 5
  • Number Of Fireplaces: 0
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Shared Driveway, Garage Door Opener, Open
  • Garage Square Feet: 484
  • Garage Door Height: 6
  • Other Parking Spaces: 1
  • Other Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Lot Size: 1
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 743512015976
  • Tax Annual Amount: 3320
  • TaxWithAssessments: 3320.0000

Multi Family

  • TenantPays: Electricity, Parking Fee
  • Number Of Refrigerators: Two

MLS Schools

  • Elementary School: Elton Hills
  • HighSchool: John Marshall

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $218,000 -0.5% $137 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $219,000 -7.9% $138 / Sq Ft
10/01/2024 10/01/24 Price Changed $237,900 -2.9% $150 / Sq Ft
09/12/2024 09/12/24 For Sale $244,900 -- $154 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6601282

NorthstarMLS

APN: 74.35.12.015976