For Sale: Owatonna MLS# 7106277
Active
NEW!
$240,000
Multi-family: Duplex Side by Side
6 br • 2 ba • Built 1894
2,709 sqft • 0.25 acres
Owatonna schools
MLS# 7106277
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Property Description
Great investment opportunity in a convenient Owatonna location! This spacious two-unit property offers has a total of 6 bedrooms and 2 bathrooms, providing excellent potential for rental income or
owner-occupancy. Each unit offers generous living space and comfortable bedroom accommodations, making this a versatile property for investors or owner occupant. The property sits on a desirable corner lot and includes a detached 2-car garage for additional parking and storage. Conveniently located near schools, parks, shopping, dining and downtown Owatonna. Bring your vision and take advantage of the opportunity to add value to this established multifamily property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$240,000
Price per sq ft:
$89
Property Type:
Multi-family
City:
Owatonna
Garage Spaces:
2
County:
Steele
Year Built:
1894
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
55060
Subdivision Name:
Phelps Add
Interior
Bedrooms:
6
Bathrooms:
2
Finished Area:
2,709 ft2
Living Area:
2,709 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
576 ft2
Foundation Size:
1,369 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Detached Garage
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.25
Geolocation:
44.077572, -93.225642
Lot Dimensions:
Common
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:
2026
Annual Taxes:
$3,832
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,832
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.