For Sale: Red Wing MLS# 6625616
Active
$189,900
Multi-family: Triplex
Built 1880
1,670 sqft • 0.16 acres
Red Wing schools
MLS# 6625616
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Property Description
Great investment opportunity with 3 units fully rented. This triplex with detached garage is a couple blocks from downtown with access to parks, shopping and restaurants.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$189,900
Price per sq ft:
$114
Property Type:
Multi-family
City:
Red Wing
Garage Spaces:
2
County:
Goodhue
Year Built:
1880
State:
MN
Property Style:
Triplex
Zip Code:
55066
Subdivision Name:
Red Wing
Interior
Finished Area:
1,670 ft2
Living Area:
1,670 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Stone/Rock
- Unfinished
Exterior
Stories:
Modified Two Story
Garage Spaces:
2
Garage Size:
264 ft2
Foundation Size:
1,059 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
Parking Features:
- Detached
- Open
- Shared Garage/Stall
Shared Amenities:
- Patio
- Porch
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.16
Geolocation:
44.56369, -92.528904
Lot Dimensions:
Irregular
Zoning:
Residential-Multi-Family
Schools
School District:
256
District Phone:
651-385-4500
Expenses
Annual Caretaker Expense:
$2,564
Annual Fuel Expense:
$2,000
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
$1,750
Annual Gross Expense:
$11,350
Annual Trash Expense:
$1,500
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,842
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,842
Income
Annual Gross Income:
$25,640
Units
Total Units:
3
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
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 Ben Olsen Realty 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.