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Active Contingent
$240,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1908
2,319 sqft • 0.63 acres
Hutchinson schools
MLS# 6608671
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    Property Description

    Welcome to this charming one-and-a-half-story duplex home in the heart of Hutchinson, ideal for both single-family living or as a savvy investment property. The main floor features a remodeled primary bedroom, an updated kitchen and a stylishly refreshed bathroom. The rich hardwood floors add timeless appeal throughout, while the cozy wood-burning fireplace creates the perfect ambiance for chilly Minnesota evenings. The lower level includes a finished family room for additional living space, as well as ample storage. A standout feature is the garage space, complete with a workshop area and upgraded electrical service with a 100-amp panelâ??ideal for hobbyists or those seeking additional space. The upper-level rental unit features a kitchen and a comfortable bedroom, perfect for easy living. The unit is currently occupied by a tenant on a month-to-month lease, offering flexibility for potential future arrangements. With the flexibility to serve as a single-family home or a profitable duplex, this home sits on a spacious over half-acre lot in town and it's location provides walking access to the Luce Line Trail, Old Bass Park, a dog park, and Main Street's shopping and dining.

    Listing

    Contingency: Inspection
    Price per sq ft: $103
    City: Hutchinson
    County: McLeod
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55350
    Subdivision Name: North Half, Hutchinson

    Interior

    Living Area: 2,319 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Stories: One and One Half
    Garage Spaces: 5
    Garage Dimensions: 36x19 30x25
    Garage Size: 1,434 ft2
    Foundation Size: 1,036 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Hot Water
    Parking Features:
    • Detached
    • Gravel
    Road Frontage: City Street
    Exterior Material:
    • Metal Siding
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.63
    Geolocation: 44.894209, -94.361467
    Lot Dimensions: 95 x 297
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 423
    District Phone: 320-587-2860

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,800
    Annual Fuel Expense: $1,200
    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: $500
    Annual Gross Expense: $2,400
    Annual Trash Expense: $480
    Annual Water/Sewer Expense: $480

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,380
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,380

    Income

    Annual Gross Income: $9,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    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 eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.