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Active
$129,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1897
1,628 sqft • 0.13 acres
Rushford-Peterson schools
MLS# 6622068
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    Property Description

    Amazing opportunity to purchase an investment property in Rushford. The property is located within walking distance to downtown Rushford. Just minutes from the Root River bike trail. Upstairs currently has a renter that would like to stay. Downstairs was recently rented and has had a few repairs. Downstairs apartment includes garage and basement laundry. Home could be converted back to a single-family home.

    Listing

    Contingency: None
    Price per sq ft: $80
    City: Rushford
    County: Fillmore
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55971

    Interior

    Living Area: 1,628 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Stone/Rock

    Exterior

    Stories: One and One Half
    Garage Spaces: 1
    Garage Dimensions: 16x20
    Garage Size: 320 ft2
    Garage Door Height: 7
    Foundation Size: 1,628 ft2
    Foundation Dimensions: 46x22
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle

    Lot & Land

    Acres: 0.13
    Geolocation: 43.808657, -91.752056
    Lot Dimensions: 50 x 110

    Schools

    School District: 239
    District Phone: 507-864-7785

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,149
    Annual Fuel Expense: $695
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: $135
    Annual Water/Sewer Expense: $1,257
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,522
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,522

    Income

    Annual Gross Income: $12,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Natural Gas
    • Propane
    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 Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.