For Sale: Fairmont MLS# 6801094
Active
NEW!
$125,000
Multi-family: Duplex Side by Side
Built 1948
1,596 sqft • 0.22 acres
Fairmont Area schools
MLS# 6801094

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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
Listing Status:
Active
Contingency:
None
List Price:
$125,000
Price per sq ft:
$78
Property Type:
Multi-family
City:
Fairmont
Garage Spaces:
2
County:
Martin
Year Built:
1948
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
56031
Subdivision Name:
Interlaken 4th
Interior
Finished Area:
1,596 ft2
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
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.