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Active NEW!
$499,000
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 2 ba • Built 1969
2,860 sqft • 2.031 acres
Northfield schools
MLS# 7075517
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    Property Description

    Both units were fully renovated three years ago with new kitchens and flooring. Both units also have all new windows on the front half of the units (road facing) Great rental income. Each have separate laundry, storage shed & garage. Single car garage is heated and insulated.

    Listing

    Contingency: None
    Price per sq ft: $174
    City: Northfield
    County: Dakota
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55057

    Interior

    Living Area: 2,860 ft2
    Refrigerators: One Per Unit, Two
    Basement Details:
    • Finished
    • Full

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 3
    Garage Size: 1,000 ft2
    Foundation Size: 1,430 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    Road Frontage: County Road
    Exterior Material: Block
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    Laundry:
    • Lower Level
    • Main Level

    Lot & Land

    Acres: 2.031
    Geolocation: 44.544246, -93.160863
    Lot Dimensions: 257 x 343 x 257 x 343
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level, Sloped

    Schools

    School District: 659
    District Phone: 5076630629

    Expenses

    Annual Caretaker Expense: $2,400
    Annual Electric Expense: $2,600
    Annual Fuel Expense: None
    Annual Insurance Expense: $3,400
    Annual Maintenance Expense: $250
    Annual Trash Expense: $984
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,632
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,632

    Income

    Annual Gross Income: $42,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • Private Sewer
    • Tank with Drainage Field
    Water System: Well
    Power Company Name: Dakota Electric Association

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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.
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    Listing provided by RMLS, courtesy of Real Broker, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.