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For Sale:  Spring Valley MLS# 7000835

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Active NEW!
$175,000
/mo Edit
Multi-family:  2 Stories
3 br • 2 ba • Built 1915
1,790 sqft • 0.344 acres
MLS# 7000835
763-576-8286
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    Property Description

    2 unit duplex. Main floor features 2 bedroom. Upper level 1 bedroom apartment. Both units have washer & dryer hookup. All utilities are separated and paid by tenants along with yard maintenance and snow removal. Featuring newer roof, furnace, water heater, improvements to porch, new windows, permanent siding, 2 car garage, wood floors throughout most of the home. Great investment for some passive income, or owner occupy, either way this property offers a lot of features and improvements for the money.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $175,000
    Price per sq ft: $98
    Property Type: Multi-family
    City: Spring Valley
    Garage Spaces: 2
    County: Fillmore
    Year Built: 1915
    State: MN
    Property Style: 2 Stories
    Zip Code: 55975

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 1,790 ft2
    Living Area: 1,790 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 20'x22'
    Garage Size: 440 ft2
    Foundation Size: 1,008 ft2
    Fencing: None
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiant
    Parking Features:
    • Detached Garage
    • Gravel
    • Off Site
    Shared Amenities: Porch
    Road Frontage:
    • City Street
    • Curbs
    • Highway
    • Paved Streets
    • Sidewalks
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • Washer Hookup

    Lot & Land

    Acres: 0.344
    Geolocation: 43.689042, -92.388577
    Lot Dimensions: 100' x 150'
    Zoning: Residential-Single Family
    Lot Description:
    • Property Adjoins Public Land
    • 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: $1,800
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Grounds Care, Lawn Care, Telephone, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,004
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,004

    Income

    Annual Gross Income: $15,000
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $10,338

    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

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