Listing ID6377310
Sold For$151,000
StatusClosed
Sold Date6/30/2023
SqFt
2,862
Acres
0.230
CountyFreeborn
SubdivisionRailroad Add
Year Built1929
Property TypeResidential Income
Property Sub TypeDuplex Side by Side
Are you eager to invest in real estate? Look no further! Here's a remarkable opportunity to own a duplex investment property that caters to your needs. Live in one unit while renting out the other, enjoying the benefits of separate electric and gas meters. Both units feature 2 bedrooms, complete with essential amenities such as a refrigerator, stove, washer, dryer, central heating, and air conditioning. This well-maintained property also offers attached tuck-under garages, a spacious yard, delightful decks, and newer windows. Don't miss out on this chance! Schedule a visit today and explore the possibilities it holds for you. Owners would consider a possible contract for deed.
County
Freeborn
Property Sub Type
Duplex Side by Side
Property Type
Residential Income
Subdivision
Railroad Add
Year Built
1929
Above Grade Finished Area
1781
Basement
Block, Daylight/Lookout Windows, Full, Walkout
Below Grade Finished Area
1081
Heating
Forced Air
Levels
One
Number of Ranges
Two
Number of Refrigerators
Two
Number Of Units Total
2
Construction Materials
Metal Siding
Electric
Fuses, Service - 60 Amp
Fencing
Partial, Wood
Foundation Area
1781
Fuel
Natural Gas
Garage Dimensions
20x35
Garage Spaces
2
Garage Square Feet
700
Lot Features
Tree Coverage - Light
Lot Size Dimensions
100x100
Lot Size Units
Acres
Parking Features
Assigned, Attached Garage, Gravel, Garage Door Opener, Insulated Garage, Tuckunder Garage
Road Frontage Type
City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Roof
Age Over 8 Years, Asphalt, Pitched
Sewer
City Sewer/Connected
Water Source
City Water/Connected
High School District
Albert Lea
Postal City
Albert Lea
School District Number
241
Zoning Description
Residential-Multi-Family
Accessibility Features
None
Down Payment Resource
Y
Rental License
yes
Yearly/Seasonal
Yearly
Assessment Pending
No
Contingency
None
Gross Income
18600
Insurance Expense
1293
Owner Pays
Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
Rental License Type
Standard
Tax Annual Amount
1848
Tax With Assessments
1848.0000
Tax Year
2023
Tenant Pays
Electricity, Fuel, Grounds Care
Trash Expense
1005
Water Sewer Expense
1157
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