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Active NEW!
$219,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1890
2,992 sqft • 0.34 acres
Alexandria schools
MLS# 6775425
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    Property Description

    Calling all investors! This is a large duplex up for sale that is located in the heart of Alexandria. The upper level is a 4 bedroom with a separate entrance and the lower is a 2 bedroom with an attached 2 car garage with a basement. Both units are currently rented, Unit# 1 rents for $1150 per month and Unit# 2 is rented for $1300 per month. Whether your looking to add to your portfolio or just getting started in your investing career this would be a great asset to hold long term in an area that has great occupancy rates!

    Listing

    Contingency: None
    Price per sq ft: $73
    City: Alexandria
    County: Douglas
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56308
    Subdivision Name: Original Alexandria

    Interior

    Living Area: 2,992 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 738 ft2
    Foundation Size: 1,591 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Exterior Material: Fiber Board
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.34
    Geolocation: 45.883915, -95.372805
    Lot Dimensions: 180 82 180 82
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $76
    Annual Fuel Expense: $852
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: $2,587
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $2,511

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,574
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,574

    Income

    Annual Gross Income: $29,400

    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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    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 ConnCrete Realty Solutions.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.