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Active
$690,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1984
5,304 sqft • 0.85 acres
Caledonia schools
MLS# 6568777
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    Property Description

    Discover an exceptional investment opportunity with this highly maintained multi-family residential property, perfectly situated in a desirable location. This property features 3 buildings, each housing 2 units, for a total of 6 well-appointed apartments. Each unit offers 2 bedrooms, 1 bath, and storage room and garage space for one vehicle. Invest in a property that combines excellent upkeep, a prime location, and reliable income stream. This investment is a rare find that promises immediate returns and long-term growth. Don't miss the chance to add this gem to your portfolio.

    Listing

    Contingency: None
    Price per sq ft: $130
    City: Caledonia
    County: Houston
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 55921
    Subdivision Name: Foltz Adtn

    Interior

    Living Area: 5,304 ft2
    Ranges: Six or More
    Refrigerators: Six or More
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 6
    Garage Size: 832 ft2
    Foundation Size: 5,304 ft2
    Fencing: None
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Stucco

    Rooms

    Shared Rooms: Other

    Lot & Land

    Acres: 0.85
    Geolocation: 43.640607, -91.500096
    Lot Dimensions: 125 x 300
    Addl Parcels: R210717042, R210717041
    Zoning: Residential-Multi-Family

    Schools

    School District: 299
    District Phone: 507-725-3389

    Expenses

    Annual Gross Expense: None
    Tenant Expenses: All Utilities, Cable TV, Electricity, Fuel, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $9,350
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,350

    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 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 Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.