UPDATED:
03/04/2025 02:05 AM
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,538 sqft
Price per Sqft $78
Subdivision Original Town
MLS Listing ID 6678627
Year Built 1885
Annual Tax Amount $1,934
Tax Year 2024
Contingent None
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 82.5 x 82.5
Property Sub-Type Duplex Up and Down
Property Description
Located in the heart of Owatonna, this charming income-producing property offers an exceptional opportunity for investors or first-time buyers. Blending historic character with modern updates, this property is ready to deliver steady income with minimal maintenance.
The main floor unit has been thoughtfully updated, featuring a new roof (2022), energy-efficient windows (2023), brand new HVAC, fresh paint, and spacious bedrooms with daylight windows, ensuring long-term durability and appeal. The property also includes central air, and a brand-new deck (2024) adding to the comfort of tenants. The historic architecture shines through with unique details that lend the property its timeless charm. The upstairs unit can be rented as-is or remodeled to increase income potential, offering flexibility for the new owner.
With an excellent rent history and a prime location, this is an investment opportunity you won't want to miss. Own a piece of Owatonna's rich history while generating reliable income!
Contact us today for a private tour or more details!
Location
State MN
County Steele
Zoning Residential-Multi-Family
Rooms
Basement Full, Single Tenant Access, Stone/Rock, Storage Space, Unfinished
Interior
Heating Other
Fireplace No
Exterior
Parking Features Detached, Gravel, Concrete, Shared Driveway
Garage Spaces 3.0
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 1403
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
New Construction false
Schools
School District Owatonna
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