$260,000
$275,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
225 E 3rd ST Monticello, MN 55362
2,826 SqFt
Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $92
Subdivision Original Monticello
MLS Listing ID 5272568
Sold Date 10/25/19
Year Built 1930
Annual Tax Amount $1,933
Tax Year 2018
Contingent None
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 75x123
Property Description
Rare duplex investment property located on a huge residential corner lot in the heart of Monticello. Home has been updated top to bottom and is ready to cash flow immediately for you. It is currently professionally managed and has a solid history of occupancy and appreciating rental income. There are multiple possibilities for owning the home. Owner occupy it and have tenants make your monthly mortgage payment, use one unit as a mother-in-law apartment or live off-site and continue to have it professionally managed while collecting your monthly profits. With over 2800 sq ft there is no shortage of living space. This home features a huge three season porch, a wood burning fire place, washer and dryers in both units, newer appliances, new paint in upper, recently painted lower, a two car garage and more. Why not set up a showing today?
Location
State MN
County Wright
Zoning Residential-Multi-Family,Residential-Single Family
Rooms
Basement Egress Window(s), Full, Walkout
Interior
Heating Baseboard, Boiler
Fireplace No
Exterior
Parking Features Attached Garage, Open
Garage Spaces 3.0
Roof Type Asphalt
Building
Lot Description Corner Lot
Story One
Foundation 1526
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Fiber Cement
New Construction false
Schools
School District Monticello
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