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Active NEW!
$220,000
/mo Edit
Multi-family:  Duplex Side by Side
Built 1980
2,156 sqft • 0.33 acres
Yellow Medicine East schools
MLS# 6790065
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    Property Description

    An opportunity to own an investment property, fairly well taken care of but could use some updates on West unit. East unit has newer flooring, new front gutters, updated appliances. Duplex sits on large lot with mature trees and comes with a 2nd lot that is 158x110. Vacant lot can be sold separately for $15, 000 before home is sold, otherwise it will go with the home.

    Listing

    Contingency: None
    Price per sq ft: $102
    City: Granite Falls
    County: Chippewa
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56241
    Subdivision Name: Highland Park 4th Add

    Interior

    Living Area: 2,156 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Finished
    • Full
    • Wood

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 12x22
    Garage Size: 264 ft2
    Foundation Size: 1,078 ft2
    Foundation Dimensions: 24x42
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Attached Garage
    • Gravel
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.33
    Geolocation: 44.808188, -95.521007
    Lot Dimensions: 110 x
    Addl Parcels: 400950757
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Additional Land Available
    • Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 2190
    District Phone: 320-564-4081

    Expenses

    Annual Caretaker Expense: $1,830
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,500
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $4,058
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Grounds Care, Sewer, Snow Removal, Trash Collection

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,108
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,144

    Income

    Annual Gross Income: $18,300

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    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!

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