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Active
$199,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1940
1,632 sqft • 0.14 acres
Montevideo schools
MLS# 6726128
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    Property Description

    Fully leased and well maintained, this duplex offers a solid investment opportunity in a charming residential neighborhood. Each unit is leasing for $850/month. The main level unit features 1 bedroom and 1 bathroom, with front entry access and convenient street parking. The upper level unit includes 2 bedrooms and 1 bathroom, with a private rear entrance and exclusive use of a detached 2-car garage. The unfinished basement includes laundry facilities for the upper unit and may offer future potential for added value or storage options. With great curb appeal, a quiet setting, and a history of consistent occupancy, this property is a turnkey addition to any investor’s portfolio.

    Listing

    Contingency: None
    Price per sq ft: $122
    City: Montevideo
    County: Chippewa
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56265
    Subdivision Name: Moyers, Drive 2nd Add

    Interior

    Living Area: 1,632 ft2
    Basement Details: Full

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 20x22
    Garage Size: 440 ft2
    Foundation Size: 816 ft2
    Foundation Dimensions: 24x36
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Detached
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 44.953707, -95.718639
    Lot Dimensions: 120 x 50 x 120 x 50
    Zoning: Residential-Multi-Family

    Schools

    School District: 129
    District Phone: 320-269-8833

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,292
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $2,328

    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

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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.