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Active NEW!
$449,900
/mo Edit
Multi-family:  Four Plex
Built 1969
4,256 sqft • 0.3 acres
Kenyon-Wanamingo schools
MLS# 6765998
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    Property Description

    Fantastic opportunity for a newer four-plex that was built for rental! Super spacious, each unit has 952 sq ft, with 2 bedrooms and a utility/storage room with potential for their own washer & dryer. Upper level apartments have their own covered deck, and lower units have a patio and walk-out, and lots of outdoor greenspace to enjoy! Extra large detached garage for two cars, plus lots of space for off-street parking & electrical hook-ups. Garage has bonus overhang with enclosed storage. Many updates throughout including furnaces, air conditioners, appliances, windows, patio doors, paint, flooring, baths & more! Don't miss out on this great investment opportunity -live in one of the units yourself and have others pay your mortgage!

    Listing

    Contingency: None
    Price per sq ft: $106
    City: Kenyon
    County: Goodhue
    State: MN
    Property Style: Four Plex
    Zip Code: 55946
    Subdivision Name: S A Bullis 2nd Ad

    Interior

    Living Area: 4,256 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 24x26
    Garage Size: 624 ft2
    Foundation Size: 2,128 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached
    • Electric
    • Garage Door Opener
    • Shared Garage/Stall
    • Storage
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.3
    Geolocation: 44.268382, -92.988556
    Lot Dimensions: 112 x 118
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Farm

    Topography: Level

    Schools

    School District: 2172
    District Phone: 507-824-2211

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,297
    Annual Fuel Expense: $1,208
    Annual Insurance Expense: $4,123
    Annual Maintenance Expense: None
    Annual Gross Expense: $10,275
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity, Sewer, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,728
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,728

    Income

    Annual Gross Income: $38,400

    Units

    Total Units: 4

    Miscellaneous

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

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    Payment:  /mo

    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.