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Active
$274,000
/mo Edit
Multi-family:  Triplex
Built 1885
2,792 sqft • 0.17 acres
Zumbrota-Mazeppa schools
MLS# 6754432
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    Property Description

    Fantastic opportunity to own a triplex (2 -- 1-bedroom units, and 1--2-bedroom unit) just minutes from downtown and easy access to Highway 52. One of the three units—a 1-bedroom—has been recently updated with new carpet, fresh paint, and other improvements, making it ideal for an owner-occupant or a strong rental. Each unit features in-unit washer and dryer, and all utilities (water and electricity) are separately metered, offering convenience and lower operating costs. The building has durable steel siding for low maintenance. This is a great option for owner-occupants looking to offset their mortgage with rental income; Live in the updated 1-bedroom unit and let the rent from the other two units help pay your mortgage. It's a great way to build equity while enjoying the benefits of homeownership. or Investors seeking a low-maintenance, income-producing property in a high-demand location.

    Listing

    Contingency: None
    Price per sq ft: $98
    City: Zumbrota
    County: Goodhue
    State: MN
    Property Style: Triplex
    Zip Code: 55992
    Subdivision Name: City/Zumbrota

    Interior

    Living Area: 2,792 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 480 ft2
    Foundation Size: 1,110 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Exterior Material: Steel Siding

    Lot & Land

    Acres: 0.17
    Geolocation: 44.291775, -92.668265
    Lot Dimensions: 60 x 120
    Zoning: Residential-Multi-Family
    Lot Description: Corner Lot

    Schools

    School District: 2805
    District Phone: 507-843-4080

    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
    Tenant Expenses: Electricity, Sewer

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $4,436
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,436

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    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

    Listing provided by RMLS, courtesy of Trust Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.