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Active
$249,900
/mo Edit
Multi-family:  Duplex Up and Down
Built 1982
2,456 sqft • 0.28 acres
Alexandria schools
MLS# 6813026
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    Property Description

    Investor delight, or a great way to start your real estate wealth building by living in one unit and having the other unit help pay for the mortgage! Both unit are 3BR 1BA and the upper unit has some fresh updates making it appealing for a quick lease out opportunity! Units have separate electric meters and heat is electric baseboard to you'll never have to replace a furnace! Laundry hookups in bathrooms of each unit adds value, and vinyl exterior means less exterior maintenance. It's hard to find assets like this in Alexandria! 24 hour notice required for viewing.

    Listing

    Contingency: None
    Price per sq ft: $102
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56308
    Subdivision Name: Nokomis Apts

    Interior

    Living Area: 2,456 ft2
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,228 ft2
    Foundation Dimensions: 28x43
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features: Parking Lot
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.28
    Geolocation: 45.8730099295, -95.3665771019
    Lot Dimensions: 105 x 65 x 74 x 89 x 130
    Zoning: Residential-Multi-Family

    Schools

    School District: 206
    District Phone: 320-762-2141

    Expenses

    Annual Caretaker Expense: $1
    Annual Electric Expense: $1
    Annual Fuel Expense: $1
    Annual Insurance Expense: $1,730
    Annual Maintenance Expense: $1
    Annual Gross Expense: $1
    Annual Trash Expense: $1
    Annual Water/Sewer Expense: $1

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,566
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,566

    Income

    Annual Gross Income: $33,000

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    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 Kvale Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.