For Sale: Stillwater MLS# 6688751
Active Contingent
$499,900
Multi-family: Duplex Up and Down
Built 1872
2,330 sqft • 0.17 acres
Stillwater schools
MLS# 6688751
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Property Description
Great opportunity to own an investment property in Stillwater, near Pioneer Park and downtown. This property would also work for an owner-occupied duplex. Each unit is spacious with 3 bedrooms, 1 bathroom, a porch a garage stall and storage. There is a shared laundry area in the basement with secure entrances from each apartment. There are separate furnaces for each apartment to control heating and cooling with separate ductwork. The house is historic with tall ceilings, generous rooms, and inviting spaces. The windows have been replaced and the house has been updated. The apartment on the 2nd level is month-to-month with 60 days' notice to the current tenant. The main level tenant has a lease for a year. There is a two-car garage and paved driveway off 5th Street N. The garage provides parking and storage for one car for each apartment. There is a Home Warranty in place through the end of 2025 and is transferable to the new owner. Great location, walking distance to downtown Stillwater, and Pioneer Park is close by. There is a beautiful walking path through the ravine alongside a stream nearby. This property offers great potential for income or could eventually be converted into a single-family home with excellent living spaces.
Listing
Listing Status:
Active Contingent
Contingency:
Subject to Financing
List Price:
$499,900
Price per sq ft:
$215
Property Type:
Multi-family
City:
Stillwater
Garage Spaces:
2
County:
Washington
Year Built:
1872
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55082
Subdivision Name:
Stillwater
Interior
Finished Area:
2,330 ft2
Living Area:
2,330 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Daylight/Lookout Windows
- Full
- Shared Access
- Storage Space
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
600 ft2
Garage Door Height:
7
Garage Door Width:
16
Foundation Size:
1,292 ft2
Foundation Dimensions:
52x22
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Shared Amenities:
Laundry
Road Frontage:
City Street
Exterior Material:
Metal Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.17
Geolocation:
45.059906, -92.813134
Lot Dimensions:
74 x 100
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Some Trees
Farm
Topography:
Level
Schools
School District:
834
District Phone:
651-351-8301
Expenses
Annual Caretaker Expense:
$270
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$3,612
Annual Maintenance Expense:
$833
Annual Gross Expense:
$11,179
Annual Trash Expense:
$501
Annual Water/Sewer Expense:
$945
Tenant Expenses:
Cable TV, Electricity, Fuel, Insurance
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,633
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,636
Income
Annual Gross Income:
$37,704
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.