For Sale: Northfield MLS# 7085998
Active Contingent
NEW!
$225,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1930
1,314 sqft • 0.173 acres
Northfield schools
MLS# 7085998
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Property Description
Investment Opportunity in Prime Northfield Location! Located within walking distance of St. Olaf College and downtown Northfield, this well-maintained duplex offers strong rental income potential and is a fantastic addition to any investment portfolio.
The bright and inviting main-level unit features 2 spacious bedrooms, a full bathroom, and a large eat-in kitchen. The upper-level unit offers 2 bedrooms, 1¾ bathrooms, a cozy living room, and an eat-in kitchen, providing comfortable living spaces for tenants.
Both units have been well cared for and are ready for new occupants. Outside, you'll find a large backyard, ample off-street parking, and a freshly graveled driveway and parking area. Conveniently located near shopping, dining, schools, parks, and local amenities, this property presents an excellent opportunity for investors or owner-occupants seeking rental incomeoccupants seeking rental income.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$225,000
Price per sq ft:
$171
Property Type:
Multi-family
City:
Northfield
Garage Spaces:
0
County:
Rice
Year Built:
1930
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55057
Subdivision Name:
Wheelers Sub
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,314 ft2
Living Area:
1,314 ft2
Refrigerators:
One Per Unit
Basement Details:
- Block
- Unfinished
- Walkout
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
931 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Gravel
Shared Amenities:
Laundry
Road Frontage:
City Street
Roof Details:
Age 8 Years or Less
Rooms
Shared Rooms:
Other
Laundry:
- Common Area
- In Basement
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.173
Geolocation:
44.458692, -93.169121
Lot Dimensions:
66 x 114 x 66 x 114
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
659
District Phone:
5076630629
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:
2026
Annual Taxes:
$4,438
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,498
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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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 Weichert, REALTORS- Heartland.
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.