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Active NEW!
$299,900
/mo Edit
Multi-family:  1 Story
3 br • 1 ba • Built 1995
2,112 sqft • 0.225 acres
MLS# 7034535
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    Property Description

    Welcome to the investment opportunity you've been waiting for — or the chance to live in one unit and let your tenant help cover the mortgage. This charming multi-family duplex offers two spacious units, each featuring three bedrooms and one full bathroom. That's six bedrooms and two bathrooms of income-generating potential under one roof. Step outside and enjoy a generous wrap-around deck on the main level, a private patio for the lower level, and a shared patio complete with a fire pit — perfect for neighborly evenings or peaceful solitude. Mill Park is just a short stroll away, and grocery runs to ALDI are refreshingly convenient. Local dining establishments sit right around the corner, making this location as practical as it is inviting. Don't let this versatile Dundas gem slip away — schedule your showing today! Agent is related to seller.

    Listing

    Contingency: None
    Price per sq ft: $142
    City: Dundas
    County: Rice
    State: MN
    Property Style: 1 Story
    Zip Code: 55019
    Subdivision Name: Railroad Add

    Interior

    Living Area: 2,112 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Full
    • Single Tenant Access
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 20 x 20
    Garage Size: 400 ft2
    Foundation Size: 1,056 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Gravel
    • Parking Lot
    Shared Amenities:
    • Other
    • Patio
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Electric Dryer Hookup
    • In Unit
    • Lower Level
    • Main Level
    • Washer Hookup

    Lot & Land

    Acres: 0.225
    Geolocation: 44.427932, -93.209564
    Lot Dimensions: 85 x 115.50

    Schools

    School District: 2151
    District Phone: 5076630629

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $2,400
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,440
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $3,600

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,742
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $6,392

    Income

    Annual Gross Income: $9,600

    Rent

    Annual Net Income: $2,160

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    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 Weichert Realtors, Community Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.