612-656-1200

315 Academy Street
Owatonna, MN 55060
MLS #4836076

Multi-Family
  • 2units
  • 5beds
  • 0.2acres
  • 2,537sq ft
$69,900
Est. P&I payment: $266.97/mo
315 Academy Street, Owatonna, MN 55060
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Description for 315 Academy Street, Owatonna, MN 55060
WHY PAY RENT WHEN YOU COULD COLLECT IT INSTEAD? This duplex offers income opportunity and features 2 good sized units - one 3 bdrm, 2 bath unit and one 2 bdrm, 1 bath unit.
MLS #4836076
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My Notes for MLS #4836076

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.2
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 8,654
  • Status: Active
  • Style: (MF) More Than Two Stories

Exterior Features

  • Exterior: Wood

Interior Features

  • Total Finished Square Footage: 2,537
  • Handicap Accessible: None
  • Basement: Full
  • Above Ground Finished SqFt: 2,537
  • Unit 1 Bath Full: 2
  • Unit 1 Total Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Total Expenses: 700
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 2,537
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Units: 1

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 8,400
  • Annual Gross Income: 18,000
  • Annual Electric Expense: 1,296
  • Annual Fuel Expense: 1,308
  • Annual Insurance Expense: 754
  • Annual Maintenance Expense: 1,200
  • Annual Gross Expense: 9,985
  • Total Annual Expenses: 9,985
  • Annual Trash Expense: 329
  • Annual Water/Sewer Expense: 1,296
  • Unit 1 Monthly Rent: 900
  • Unit 2 Monthly Rent: 800
  • Tax Amount: 1,972
  • Tax With Assessments: 1,972
  • Tax Year: 2017

Community Features

  • Municipality: Owatonna
  • County: Steele
  • Postal City: Owatonna (MN)

School Features

  • School District: 761 - Owatonna
  • School District Phone: 507-444-8610

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,079
  • Homestead: No
  • Potential Short Sale: No

Location

 
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Directions to 315 Academy Street, Owatonna, MN 55060
Hoffman Dr NW, continue onto N Oak Ave. Turn left onto W Main St, turn right onto S Grove, take the first left onto E Academy St.
The listing information for 315 Academy Street, Owatonna, MN 55060 was graciously provided by our friends at the listing brokerage, Help-U-Sell Heritage Real Est.

Get Financing for 315 Academy Street, Owatonna, MN 55060

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $266.97
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Last Updated 10/20/2017 at 3:42pm
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