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Pending:  Spring Valley MLS# 6708959

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Pending
$175,000
/mo Edit
Multi-family:  2 Stories
4 br • 2 ba • Built 1896
1,722 sqft • 0.52 acres
MLS# 6708959
763-576-8286
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    Property Description

    This 2 story duplex is a wonderful investment opportunity with a good rental history and currently has 2 long term tenants. The duplex has separate meters for all of the utilities and there have been numerous improvements to the home (see list). Use as an investment property or easily convert into a single family home. Take a look at this cash flow opportunity today!

    Listing

    Listing Status: Pending
    Contingency: None
    List Price: $175,000
    Price per sq ft: $102
    Property Type: Multi-family
    City: Spring Valley
    Garage Spaces: 2
    County: Fillmore
    Year Built: 1896
    State: MN
    Property Style: 2 Stories
    Zip Code: 55975
    Subdivision Name: J B Thayers Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 1,722 ft2
    Living Area: 1,722 ft2
    Refrigerators: One Per Unit
    Basement Details:
    • Crawl Space
    • Partial
    • Stone/Rock
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 624 ft2
    Garage Door Height: 7
    Garage Door Width: 9
    Foundation Size: 930 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Radiator
    Parking Features:
    • Detached Garage
    • Electric
    • Gravel
    • Storage
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Laundry Closet
    • Main Level
    • Upper Level
    • Washer Hookup

    Lot & Land

    Acres: 0.52
    Geolocation: 43.6935750916, -92.3924502467
    Lot Dimensions: 90 x 252
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 1044
    District Phone: 5073467276

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,603
    Annual Maintenance Expense: $100
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Heat, Sewer, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,152
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,152

    Income

    Annual Gross Income: $13,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    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

    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!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.