For Sale: Willmar MLS# 7067627
Active
$149,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1890
2,314 sqft • 0.257 acres
Willmar schools
MLS# 7067627
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This home is a RARE Opportunity for Homeowners and Investors alike
For Homeowners: this well-maintained duplex offers the perfect blend of investment potential and comfortable living. Live in one unit and have the other unit pay your mortgage!
Each unit is situated on its own floor and features a functional 2-bedroom, 1 bath layout with spacious living areas, ample natural light, in-unit washer and dryers, and practical kitchens designed for everyday convenience. The bathroom in the upstairs was recently remodeled, making that unit perfect for your next home.
Separate entrances provide privacy for occupants, making it ideal for an owner-occupant to live in one unit while renting out the other to offset mortgage costs.
This home sits on a great block with a large yard (over 1/4 of an acre). Perfect for summer BBQs or football.
For Potential Investors: this property is already professionally managed and has been a cash cow, with minimal vacancy. Last year, it generated nearly $25k of gross income. It has attracted steady, high quality tenants. The property is currently fully leased, and a manager is looking to continue with the property!
Set up a showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$149,000
Price per sq ft:
$64
Property Type:
Multi-family
City:
Willmar
Garage Spaces:
2
County:
Kandiyohi
Year Built:
1890
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56201
Subdivision Name:
Glarums Add To Willmar
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,314 ft2
Living Area:
2,314 ft2
Refrigerators:
Two
Basement Details:
- Partial
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
480 ft2
Foundation Size:
1,156 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
Detached Garage
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Frame
Pool:
None
Roof Details:
Age Over 8 Years
Rooms
Laundry:
In Unit
Lot & Land
Acres:
0.257
Geolocation:
45.115442, -95.03878
Lot Dimensions:
75 x 150
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
347
District Phone:
3202318500
Expenses
Annual Caretaker Expense:
$3,621
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,548
Annual Maintenance Expense:
$500
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,986
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,986
Income
Annual Gross Income:
$23,822
Rent
Annual Net Income:
$14,627
Units
Total Units:
2
Miscellaneous
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Willmar Utilities
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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!
Listing provided by RMLS,
courtesy of Stormo Real Estate and Propert.
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.