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Active NEW!
$160,000
/mo Edit
Multi-family:  Duplex Up and Down
3 br • 2 ba • Built 1870
1,200 sqft • 0.23 acres
Owatonna schools
MLS# 7081596
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    Property Description

    Great investment opportunity just blocks from downtown Owatonna! This 2-story duplex offers flexible options for an owner-occupant or investor. The main-level unit includes 2 bedrooms, a living room, kitchen, and bath. Situated on a nice oversized lot with a 2-car detached garage and attached shed, the property offers valuable outdoor space, storage, and parking. The boiler will need replacement, making this a great opportunity to build equity and add value. Live in one unit and rent the other, or add this property to your investment portfolio. Convenient location near downtown shops, restaurants, parks, and local amenities.

    Listing

    Contingency: None
    Price per sq ft: $133
    City: Owatonna
    County: Steele
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55060
    Subdivision Name: E Abbotts

    Interior

    Living Area: 1,200 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 400 ft2
    Foundation Size: 1,274 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Detached Garage
    Road Frontage: City Street
    Exterior Material: Block
    Pool: None

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.23
    Geolocation: 44.085205, -93.220273
    Lot Dimensions: 149 x 66

    Schools

    School District: 761
    District Phone: 5074448610

    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: 2025
    Annual Taxes: $3,426
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,426

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

    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.