For Sale: Lanesboro MLS# 6658278
Active
$195,000
Multi-family: Triplex
Built 1890
2,360 sqft • 0.32 acres
Lanesboro schools
MLS# 6658278
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Property Description
Come take advantage of this income-producing Triplex in the heart of Lanesboro, MN! Sitting in a great
location in the center of historic Lanesboro, MN; this versatile triplex offers a fantastic opportunity
for both investors and owner-occupants! With two active rental units and an opening for another tenant; this property offers a possibility of $1650 of rental in come per month. Featuring four total spacious bedrooms and three total bathrooms, each dwelling is thoughtfully designed for comfort and functionality. The large lot provides ample space for outdoor enjoyment, whether it's gardening, entertaining, or simply taking in the beauty of this charming town! Located just moments from downtown shops, dining, the Root
River State Trail, and cultural attractions, tenants and owners alike will appreciate the convenience and
vibrant community atmosphere. Whether your looking to expand your investment portfolio or find a home
with rental income, this property is a rare find in one of Minnesota's most sought-after small towns. Schedule a showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$195,000
Price per sq ft:
$83
Property Type:
Multi-family
City:
Lanesboro
Garage Spaces:
0
County:
Fillmore
Year Built:
1890
State:
MN
Property Style:
Triplex
Zip Code:
55949
Subdivision Name:
Lanesboro Original
Interior
Finished Area:
2,360 ft2
Living Area:
2,360 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,008 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
None
Road Frontage:
City Street
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.32
Geolocation:
43.720657, -91.973818
Lot Dimensions:
140 x 100
Lot Description:
Corner Lot
Schools
School District:
229
District Phone:
507-467-2229
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,800
Annual Fuel Expense:
$1,800
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
$300
Annual Gross Expense:
$300
Annual Trash Expense:
$200
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Sewer, Trash Collection
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,182
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,182
Income
Annual Gross Income:
$13,800
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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
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credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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.
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!
Listing provided by RMLS,
courtesy of Kris Lindahl Real Estate.
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.