For Sale: Red Wing MLS# 7002410
Active
NEW!
$205,000
Multi-family: 2 Stories
3 br • 2 ba • Built 1880
1,714 sqft • 0.13 acres
MLS# 7002410
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Property Description
Great income opportunity! The main level unit of this Duplex has 2 bedrooms, a living room, dining room, full bath, kitchen, and pantry. The owners put in luxury vinyl planking throughout the main floor unit and painted the entire interior this past summer. The bathroom was completely redone with new flooring, toilet and vanity. A new countertop was installed in the kitchen. The range and refrigerator have been replaced in the last 2 years. The upper level unit is fully furnished and the items are negotiable. This unit has a large eat in kitchen / living and dining area, one bedroom that has space for an office area, and a full bath that has a newer stackable washer and dryer in it. The entryway to the building has new vinyl planking and fresh paint. The water heater and whole building water softener system were installed in 2020. There is a detached 2 car garage with an upper level storage room.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$205,000
Price per sq ft:
$120
Property Type:
Multi-family
City:
Red Wing
Garage Spaces:
2
County:
Goodhue
Year Built:
1880
State:
MN
Property Style:
2 Stories
Zip Code:
55066
Subdivision Name:
Red Wing
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,714 ft2
Living Area:
1,714 ft2
Refrigerators:
Two
Basement Details:
- Daylight/Lookout Windows
- Full
- Owner Access
- Single Tenant Access
- Unfinished
- Walkout
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
22 x 20
Garage Size:
440 ft2
Foundation Size:
1,070 ft2
Foundation Dimensions:
Irregular
Handicap Accessible:
Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- On-Street Parking Only
Shared Amenities:
Patio
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Roof Details:
- Age Over 8 Years
- Asphalt
- Pitched
Rooms
Shared Rooms:
Other
Laundry:
Other
Lot & Land
Acres:
0.13
Geolocation:
44.562961, -92.529601
Lot Dimensions:
41 x 143
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1183
District Phone:
6513854500
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$3,464
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,597
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,553
Tenant Expenses:
Electricity, Other
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,138
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,138
Income
Annual Gross Income:
$33,350
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$19,375
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Draz Real Estate Inc..
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.