For Sale: Montgomery MLS# 7056740
Active Contingent
NEW!
$369,900
Multi-family: Duplex Up and Down
10 br • 4 ba • Built 1965
1,958 sqft • 0.551 acres
MLS# 7056740
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Property Description
Great investor, or owner occupied investment opportunity. Two buildings on one large lot! Space to build a garage or two. Needs some elbow grease and a little tlc to bring the buildings and rent up to speed, but plenty of equity for the right investor.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$369,900
Price per sq ft:
$189
Property Type:
Multi-family
City:
Montgomery
Garage Spaces:
0
County:
Le Sueur
Year Built:
1965
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56069
Interior
Bedrooms:
10
Bathrooms:
4
Finished Area:
1,958 ft2
Living Area:
1,958 ft2
Refrigerators:
Four
Basement Details:
- Block
- Egress Window(s)
- Finished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,058 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Baseboard
Parking Features:
- Gravel
- Parking Lot
Roof Details:
Age Over 8 Years
Rooms
Laundry:
None
Lot & Land
Acres:
0.551
Geolocation:
44.439212, -93.58556
Lot Dimensions:
160 x 150
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
1313
District Phone:
5073648100
Expenses
Annual Caretaker Expense:
None
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, Electricity, Gas, Heat, Sewer, Trash Collection, Water
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$7,228
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,300
Income
Annual Gross Income:
$40,800
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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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!
Listing provided by RMLS,
courtesy of Heartland Real Estate Professi.
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.