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For Sale:  Wells MLS# 6611691

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Active
$149,900
/mo Edit
Multi-family:  Duplex Side by Side
Built 1915
1,472 sqft • 0.32 acres
United South Central schools
MLS# 6611691
763-576-8286
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    Property Description

    There's great income potential with this move-in ready side-by-side duplex, which includes a double detached garage and a huge back and side yard. Each unit has its own deck to enjoy the outdoors. All appliances are included in both units, as well as water softeners. The south basement wall has recently been professionally repaired. Enjoy Half Moon Park, located just one block away. Schedule your showing today! A 24 hour notice is required.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $149,900
    Price per sq ft: $102
    Property Type: Multi-family
    City: Wells
    Garage Spaces: 2
    County: Faribault
    Year Built: 1915
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56097

    Interior

    Finished Area: 1,472 ft2
    Living Area: 1,472 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Full
    • Storage Space
    • Unfinished

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Dimensions: 24 x 32
    Garage Size: 768 ft2
    Foundation Size: 994 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached
    • Gravel
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Vinyl Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Pitched
    • Rolled/Hot Mop

    Lot & Land

    Acres: 0.32
    Geolocation: 43.742093, -93.733604
    Lot Dimensions: 95 x 89 & 80 x 160
    Addl Parcels: 300080851
    Zoning: Residential-Multi-Family
    Lot Description:
    • Corner Lot
    • Irregular Lot
    • Tree Coverage - Medium

    Farm

    Topography: Sloped

    Schools

    School District: 2134
    District Phone: 507-553-3134

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $792
    Annual Maintenance Expense: None
    Annual Gross Expense: $2,528
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,598
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,736

    Income

    Annual Gross Income: $18,600

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

    Apply Online     Home Purchase Qualifier     Refinance Rate Checker    

    Listing provided by RMLS, courtesy of Brad Heggen Realty, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.