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$325,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1890
1,904 sqft • 0.1 acres
Winona Area schools
MLS# 6607106
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    Property Description

    An incredible investment opportunity awaits with this up/down duplex, ideally located just minutes from campus. This well-maintained property offers **two separate units**, each with **3 spacious bedrooms** and **1 bathroom**â??perfect for students or families looking for convenient housing. The property is **fully rented**, providing consistent rental income for investors. The duplex features a **detached 2-car garage** and additional off-street parking. Each unit boasts comfortable living spaces, full kitchens, and individual laundry hookups. Whether you're looking to expand your portfolio or secure a steady income property, this duplex checks all the boxes. Don't miss out on this **prime income-generating property**â??a great addition to any investment portfolio!

    Listing

    Contingency: None
    Price per sq ft: $171
    City: Winona
    County: Winona
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55987

    Interior

    Living Area: 1,904 ft2
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 952 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Exterior Material: Other

    Lot & Land

    Acres: 0.1
    Geolocation: 44.051379, -91.650256
    Lot Dimensions: 30 x 150

    Schools

    School District: 861
    District Phone: 507-494-0861

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,711
    Annual Fuel Expense: $1,711
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $213
    Annual Water/Sewer Expense: $617

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,004
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $27,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker River Valley, REALTORS.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.