For Sale: Morris MLS# 6790687
Active
NEW!
$139,900
Multi-family: Duplex Up and Down
Built 1908
1,600 sqft • 0.16 acres
Morris Area schools
MLS# 6790687
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Property Description
Prime Duplex Investment Opportunity – Morris, MN
The property sits on a desirable corner lot close to the hospital, schools, and the University of Minnesota–Morris. The property features a 2-car detached garage, plus many updates including new windows, siding, and newly remodeled upstairs bath.
Lower Unit: 1 bedroom, currently rented with stable income.
Upper Unit: 2 bedrooms, vacant and ready for new tenants. Vacant due to remodeling of the bathroom, installation of new carpet. Rent was $700/month. Several parties interested in renting.
Convenience: Both units are equipped with laundry hook-ups.
Whether you’re looking for an affordable owner-occupy option or a solid investment, this duplex offers strong rental potential in a prime location.(Pictures not available for main floor unit due to privacy of the tenant)
Listing
Listing Status:
Active
Contingency:
None
List Price:
$139,900
Price per sq ft:
$87
Property Type:
Multi-family
City:
Morris
Garage Spaces:
2
County:
Stevens
Year Built:
1908
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56267
Subdivision Name:
Morris 1st Add
Interior
Finished Area:
1,600 ft2
Living Area:
1,600 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Partial
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
18x20
Garage Size:
360 ft2
Foundation Size:
808 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Other
Parking Features:
Detached
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.16
Geolocation:
45.583903, -95.907551
Lot Dimensions:
50 x 140
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Schools
School District:
2769
District Phone:
320-589-4840
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,200
Annual Maintenance Expense:
None
Annual Gross Expense:
$3,020
Annual Trash Expense:
$240
Annual Water/Sewer Expense:
$1,000
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$620
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$620
Income
Annual Gross Income:
$7,200
Units
Total Units:
2
Miscellaneous
Fuel System:
- Electric
- 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 Minnewaska Insurance & Real Es.
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.