My notes for this property


Add listing to my favorites (required)
Active NEW!
$125,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1948
1,596 sqft • 0.22 acres
Fairmont Area schools
MLS# 6801094
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Great investment opportunity! This duplex offers two, one bedroom units with separate utilities. Each unit is currently rented. Tenants pay their own utilities and take care of snow removal. Seller takes care of the lawn. There is a common area in the back to basement and patio. Tenants share garage and basement laundry. There is off-street parking in the back yard. There are currently active leases on both units. Call today and let this one cash flow for you!

    Listing

    Contingency: None
    Price per sq ft: $78
    City: Fairmont
    County: Martin
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56031
    Subdivision Name: Interlaken 4th

    Interior

    Living Area: 1,596 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Foundation Size: 1,596 ft2
    Foundation Dimensions: 38x42
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    • Garage Door Opener
    Shared Amenities:
    • Laundry
    • Patio
    Road Frontage:
    • City Street
    • Paved Streets
    • Street Lights
    Exterior Material: Metal Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.22
    Geolocation: 43.615039, -94.474844
    Lot Dimensions: Irregular
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Irregular Lot

    Schools

    School District: 2752
    District Phone: 507-238-4234

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,102
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,400
    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,564
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,702

    Income

    Annual Gross Income: $19,200
    Misc. Annual Income: None

    Units

    Total Units: 2

    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

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

    Listing provided by RMLS, courtesy of CENTURY 21 Northland Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.