For Sale: Hutchinson MLS# 6804957
Active
NEW!
$234,900
Multi-family: Duplex Up and Down
Built 1910
1,814 sqft • 0.22 acres
Hutchinson schools
MLS# 6804957
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Property Description
This well-maintained duplex offers exceptional income potential with two fully independent units, each featuring private entrances and separate utilities. Both units have been recently updated, showcasing quality finishes and modern appeal throughout. Ideal for investors seeking a turnkey, cash-flowing property with minimal maintenance requirements. Conveniently located near major routes, shopping, and local amenities, this property provides a strong return profile and long-term stability in a desirable area. This duplex is a smart addition to any portfolio! Upper unit is being rented for $1, 150/month and is leased up until April 31, 2026. Lower units is being rented for $1, 500/month and is leased up until May 31, 2026.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$234,900
Price per sq ft:
$129
Property Type:
Multi-family
City:
Hutchinson
Garage Spaces:
0
County:
McLeod
Year Built:
1910
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55350
Subdivision Name:
Briggs Add
Interior
Finished Area:
1,814 ft2
Living Area:
1,814 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Partial
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
921 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Road Frontage:
- City Street
- Sidewalks
Exterior Material:
Vinyl Siding
Roof Details:
- Asphalt
- Pitched
Lot & Land
Acres:
0.22
Geolocation:
44.897098, -94.361952
Lot Dimensions:
70 x 136 x 67 x 135
Zoning:
Residential-Multi-Family
Schools
School District:
423
District Phone:
320-587-2860
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,036
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,888
Annual Maintenance Expense:
$3,000
Annual Gross Expense:
$14,461
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$3,265
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,272
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,272
Income
Annual Gross Income:
$30,420
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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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 Keller Williams Classic Realty.
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.