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Active
$130,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1929
2,023 sqft • 0.1 acres
Fairmont Area schools
MLS# 6751078
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    Property Description

    Ideally situated near downtown Fairmont and just steps from the library, this charming and versatile duplex is full of character and convenience. Each unit offers 2 comfortable bedrooms, a full kitchen equipped with a refrigerator, stove, and microwave, and the convenience of in-unit washer and dryer. The main floor apartment features beautiful hardwood floors and a cozy, decorative fireplace that adds timeless charm and a welcoming feel. Whether you're looking for a smart investment property or a home with rental income potential, this duplex delivers. With its prime location, walkable neighborhood, and easy access to shops, dining, parks, and community amenities, it’s a truly handy and desirable place to call home.

    Listing

    Contingency: None
    Price per sq ft: $64
    City: Fairmont
    County: Martin
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56031

    Interior

    Living Area: 2,023 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 20 x 22
    Garage Size: 440 ft2
    Foundation Size: 1,189 ft2
    Foundation Dimensions: 29 x 41
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Road Frontage: City Street
    Exterior Material: Stucco
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.1
    Geolocation: 43.653721, -94.460057
    Lot Dimensions: 41 x 104
    Zoning: Residential-Multi-Family
    Lot Description: Some Trees

    Schools

    School District: 2752
    District Phone: 507-238-4234

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,321
    Annual Insurance Expense: $1,739
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,914
    Annual Trash Expense: $518
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,603
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,672

    Income

    Annual Gross Income: $14,100

    Units

    Total Units: 2

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