225 E 3rd Street

Monticello, MN 55362 View Map $275,000 Schedule a Showing
Beds3
Baths3
Sq.Ft.2,826
Year1930
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717
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Status: Pending
Property Type:Duplex Up And Down
MLS #:5272568
Sq. Feet:2,826
On Site:49 Days
Lot Size:0.23 Acres
County:Wright
Rare duplex investment property located on a huge residential corner lot in the heart of Monticello. Home has been updated top to bottom and is ready to cash flow immediately for you. It is currently professionally managed and has a solid history of occupancy and appreciating rental income. There are multiple possibilities for owning the home. Owner occupy it and have tenants make your monthly mortgage payment, use one unit as a mother-in-law apartment or live off-site and continue to have it professionally managed while collecting your monthly profits. With over 2800 sq ft there is no shortage of living space. This home features a huge three season porch, a wood burning fire place, washer and dryers in both units, newer appliances, new paint in upper, recently painted lower, a two car garage and more. Why not set up a showing today?

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:225 E 3rd Street Monticello, MN 55362
County:Wright
City:Monticello
School System:Monticello
Subdivision:Original Monticello
Zip Code:55362

Architecture

Bedrooms: 3
Bathrooms: 3
Year Built:1930
Stories:1
Construction: Cement Board
Construction Status: Previously Owned
Roof: Asphalt Shingles
Foundation Size: 1526
Basement: Egress Windows, Full, Walkout
Garage: Attached Garage, Uncovered/Open

Features / Amenities

Unit 1: 4 beds, 2 baths. Rent: $19140. Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Unit 2: 3 beds, 1 bath. Rent: $14400. Amenities: Porch. Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Heating: Baseboard, Boiler
Fuel: Natural Gas

Square Footage

Finished Sq. Ft.
Above Grade 1526
Below Grade 1300
Total 2826

Property Features

Lot Size: 0.23 Acres
Lot Dimensions:75x123
Lot Description: Corner Lot
Water: City Water/Connected
Sewer: City Sewer/Connected
Road Frontage: City
Zoning:Residential-Single,Residential-Multi-Family
Directions:94 W to 25 E to 3rd St Right to home

Tax and Financial Info

Tax Amount: $1, 933.00
Tax Year: 2018
Annual Gross Expense: 4439.00
Total Annual Expenses: 4439
Annual Gross Income: 33540.00
Annual Maintenance Expense: 35
Annual Insurance Expense: 1762
Annual Fuel Expense: 920
Annual Electric Expense: 288
Annual Repair Expense: 530

Schools

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225 E 3rd Street Monticello, MN 55362
 
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Listing Information Last Updated 9/21/2019
Listing provided courtesy of Bullseye Properties & Realty.
© Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 225 E 3rd Street Monticello, MN 55362 with the MLS Number 5272568 is currently listed at $275,000 and has been on the Monticello market for 48 days.

GeoCoordinates:
-93.79228
45.303995

List Price: $275,000

You are viewing the MLS property details of the home for sale at 225 E 3rd Street Monticello, MN 55362, which is located in the Original Monticello subdivision, includes 3 bedrooms and 3 bathrooms, and has approximately 2826 sq.ft. of living area.