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For Sale:  Montevideo MLS# 7059455

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Active NEW!
$175,000
/mo Edit
Multi-family:  Duplex Up and Down
3 br • 2 ba • Built 1940
2,448 sqft • 0.137 acres
Montevideo schools
MLS# 7059455
763-576-8286
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    Property Description

    Fully leased and well maintained, this duplex offers a strong investment opportunity in a charming residential neighborhood. Each unit is currently rented at $850/month. The main-level unit features 1 bedroom and 1 bathroom, with front entry access and convenient street parking. The upper-level u nit offers 2 bedrooms and 1 bathroom, along with a private rear entrance and exclusive use of a detached 2-car garage. The upper unit is currently on a month-to-month lease. The unfinished basement provides shared laundry for the upper unit and offers potential for additional value or storage. With great curb appeal, a quiet setting, and a history of consistent occupancy, this property is a turnkey addition to any investor’s portfolio.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $175,000
    Price per sq ft: $71
    Property Type: Multi-family
    City: Montevideo
    Garage Spaces: 2
    County: Chippewa
    Year Built: 1940
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56265
    Subdivision Name: Moyers, Drive 2nd Add

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 2,448 ft2
    Living Area: 2,448 ft2
    Basement Details: Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Garage Size: 440 ft2
    Foundation Size: 816 ft2
    Foundation Dimensions: 24x36
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached Garage

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lot & Land

    Acres: 0.137
    Geolocation: 44.953707, -95.718639
    Lot Dimensions: 120 x 50 x 120 x 50

    Schools

    School District: 129
    District Phone: 3202698833

    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

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,534
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,534

    Income

    Annual Gross Income: None
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: None

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