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Active NEW!
$149,900
/mo Edit
Multi-family:  Duplex Up and Down
2 br • 2 ba • Built 1890
1,248 sqft • 0.172 acres
MLS# 7056019
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    Property Description

    This duplex offers solid bones with meaningful updates in place, making it a great option for investors or owner-occupants looking to continue building equity. Recent updates include renovated bathrooms in both units, an updated kitchen in Unit 2, and portions of the plumbing already replaced. Additional improvements have been made by the current owner, adding to the property’s overall appeal and functionality. Shared glass-enclosed front porch and entry foyer. Still room for cosmetic updates, but much of the heavy lifting has been started—great potential for upside.

    Listing

    Contingency: None
    Price per sq ft: $120
    City: Willmar
    County: Kandiyohi
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56201
    Subdivision Name: Hansons Add To Willmar

    Interior

    Living Area: 1,248 ft2
    Refrigerators: Two
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 624 ft2
    Foundation Dimensions: 26' X 24'
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: Gravel
    Shared Amenities:
    • Lobby Entrance
    • Porch
    Road Frontage:
    • City Street
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material: Frame
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched

    Rooms

    Laundry: None

    Lot & Land

    Acres: 0.172
    Geolocation: 45.115542, -95.046089
    Lot Dimensions: 50' X 150'
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1482
    District Phone: 3202318500

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Grounds Care, Janitorial Service, Lawn Care, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $704
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $704

    Income

    Annual Gross Income: $8,400

    Rent

    Annual Net Income: $5,900

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water - In Street

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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 Keller Williams Premier Realty Lake Minnetonka.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.