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Active NEW!
$129,900
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 2 ba • Built 1900
1,443 sqft • 0.259 acres
MLS# 7051675
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    Property Description

    Side-by-Side Duplex – Fully Rented Investment Opportunity! Well-maintained side-by-side duplex offering immediate rental income. The north unit features 3 bedrooms, a spacious living room, and a full kitchen. The south unit includes 1 bedroom, a comfortable living area, and a kitchen—perfect for a variety of tenants. This unit has had a long term tenant of 10 years. A large triple garage at the rear of the property provides excellent storage space, for extra income by renting out, or for owner occupancy/use. The basement is accessible from the north unit, with an additional exterior entrance for convenience. Located just minutes from downtown, the post office, and numerous amenities, this property offers both convenience and strong rental appeal. Whether you're a first-time investor, looking to expand your portfolio, or seeking an owner-occupant opportunity—live in one unit while renting the other—this property offers great flexibility. With some updates, there is also strong potential to build additional equity. Schedule your private showing today!

    Listing

    Contingency: None
    Price per sq ft: $90
    City: Willmar
    County: Kandiyohi
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56201
    Subdivision Name: First Add To The Town Of Willmar

    Interior

    Living Area: 1,443 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 3
    Garage Dimensions: 24x36
    Garage Size: 864 ft2
    Foundation Size: 1,443 ft2
    Foundation Dimensions: 34x37
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Detached Garage
    Road Frontage: City Street
    Exterior Material: Concrete
    Roof Details: Asphalt

    Rooms

    Laundry: In Basement

    Lot & Land

    Acres: 0.259
    Geolocation: 45.117492, -95.046589
    Lot Dimensions: 75 x 150

    Schools

    School District: 1482
    District Phone: 3202318500

    Expenses

    Annual Caretaker Expense: $2,370
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Snow Removal

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,894
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,894

    Income

    Annual Gross Income: $23,700

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