For Sale: Worthington MLS# 6798631
Active
NEW!
$235,000
Multi-family: Duplex Up and Down
Built 1900
2,020 sqft • 0.12 acres
Worthington schools
MLS# 6798631
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Property Description
Excellent investment opportunity! This duplex features two units, each offering 2 bedrooms and 1 bathroom. Both units are currently rented at $800/month, with tenants responsible for their own utilities except water, which is paid by the seller.
With steady rental income and low maintenance, this property is ideal for both first-time investors and seasoned buyers looking to expand their portfolio. Whether you’re looking for cash flow or long-term appreciation, this duplex is a solid addition to any investment strategy.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$235,000
Price per sq ft:
$116
Property Type:
Multi-family
City:
Worthington
Garage Spaces:
0
County:
Nobles
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56187
Interior
Finished Area:
2,020 ft2
Living Area:
2,020 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
868 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Gravel
- On-Street Parking Only
Exterior Material:
Vinyl Siding
Lot & Land
Acres:
0.12
Geolocation:
43.623859, -95.593572
Lot Dimensions:
52 x 100
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
518
District Phone:
507-372-2172
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,500
Annual Maintenance Expense:
$1,500
Annual Gross Expense:
$5,000
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,000
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,192
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,192
Income
Annual Gross Income:
$19,200
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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 Re/Max Premier 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.