For Sale: Owatonna MLS# 6514942
Active
$309,900
Multi-family: Duplex Up and Down
Built 1979
2,084 sqft•0.38 acres
Owatonna schools
MLS# 6514942
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Property Description
A rare property with multiple possibilities: 4-bedrooms; 2-baths, 2-eat-in-kitchens, 2 large living rooms and laundry would make a great single family home with plenty of room for everyone. Or cover your monthly mortgage payments while living in one of the 2-bedroom units and renting the other. Using one of these units is the perfect solution for on-site-housing for that favorite relative. Of course this 2-unit duplex would make a great investment that provides a substantial monthly income. This duplex is located in a prime, quiet-residential neighborhood, close to schools and parks. Featuring a large backyard that offers plenty of privacy and a double-attached garage, this property is move-in ready, with newer carpet, hot water heater, furnace, air conditioner, and appliances. Call today and take a look to decide which option is right for you with the flexibility of having a great income generating investment, or a single family home, or living in one unit and renting out the other.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$309,900
Price per sq ft:
$149
Property Type:
Multi-family
City:
Owatonna
Garage Spaces:
2
County:
Steele
Year Built:
1979
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55060
Interior
Finished Area:
2,084 ft2
Living Area:
2,084 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Egress Window(s)
- Full
- Sump Pump
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
2
Garage Size:
484 ft2
Foundation Size:
1,084 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Concrete
- Garage Door Opener
- Insulated Garage
- Storage
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
Asphalt
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.38
Geolocation:
44.102361, -93.220925
Lot Dimensions:
90 x 185
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
761
District Phone:
507-444-8610
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$800
Annual Maintenance Expense:
$200
Annual Gross Expense:
$5,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Cable TV, Electricity, Fuel, Grounds Care, Snow Removal, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$4,246
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,246
Income
Annual Gross Income:
$28,800
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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Listing provided by RMLS,
courtesy of Savvy Avenue, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.