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Active NEW!
$450,000
/mo Edit
Multi-family:  Duplex Side by Side
4 br • 4 ba • Built 2021
2,218 sqft • 0.301 acres
Edgerton schools
MLS# 7075053
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    Property Description

    Welcome to 950 1st Ave in Edgerton- a quality-built investment property designed with durability, and long-term value in mind. Whether you choose to rent both units or live in one side while generating income from the other, this property offers excellent flexibility and cash flow potential. Built with attention to detail throughout, this property features a 6-inch concrete driveway for added durability, extra off-street parking, insulated slab, extremely energy efficient! Inside, you'll appreciate the Bayer-built trim work, solid wood interior doors, large windows for abundant light, and 9-foot ceilings that create an open, spacious feel. Matching stainless steel appliances and convenient stacked washer and dryer units complete the space. With quality construction and income-producing potential, this is a property you'll want to see in person. Schedule you're showing today!

    Listing

    Contingency: None
    Price per sq ft: $203
    City: Edgerton
    County: Pipestone
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56128
    Subdivision Name: Howards First Add

    Interior

    Living Area: 2,218 ft2
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 712 ft2
    Foundation Size: 2,218 ft2
    Handicap Accessible: Doors 36"+, No Stairs External, No Stairs Internal
    Heating System: Forced Air

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.301
    Geolocation: 43.871605, -96.129729
    Lot Dimensions: 155 x 108 x 67 x 105
    Zoning: Residential-Multi-Family

    Schools

    School District: 581
    District Phone: 5074427881

    Expenses

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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,764
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,764

    Income

    Annual Gross Income: $24,000

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