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For Sale:  Granite Falls MLS# 6790065

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Active
$220,000
/mo Edit
Multi-family:  Split Entry (Bi-Level)
4 br • 2 ba • Built 1985
2,156 sqft • 0.326 acres
Chequamegon schools
MLS# 6790065
763-576-8286
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    Property Description

    An opportunity to own an investment property, fairly well taken care of, West unit has been freshly painted, new side door, some new subflooring and small repairs. It has new vinyl flooring and carpet. East unit has newer flooring, new front gutters, updated appliances, new water heater. Duplex sits on large lot with mature trees and comes with a 2nd lot that is 158x110 . Vacant lot can be sold separately for $15, 000 before home is sold, otherwise it will go with the home.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $220,000
    Price per sq ft: $102
    Property Type: Multi-family
    City: Granite Falls
    Garage Spaces: 2
    County: Chippewa
    Year Built: 1985
    State: MN
    Property Style: Split Entry (Bi-Level)
    Zip Code: 56241
    Subdivision Name: Highland Park 4th Add

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Finished Area: 2,156 ft2
    Living Area: 2,156 ft2
    Refrigerators: Two
    Basement Details:
    • Finished
    • Full
    • Wood

    Exterior

    Stories: Split Entry (Bi-Level)
    Garage Spaces: 2
    Garage Dimensions: 12x22
    Garage Size: 264 ft2
    Foundation Size: 1,078 ft2
    Foundation Dimensions: 24x42
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Attached Garage
    • Gravel
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Frame
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Laundry Closet
    • Lower Level

    Lot & Land

    Acres: 0.326
    Geolocation: 44.808188, -95.521007
    Lot Dimensions: 110 x 118+55
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Additional Land Available
    • Irregular Lot

    Farm

    Topography: Level

    Schools

    School District: 1071
    District Phone: 3205644081

    Expenses

    Annual Caretaker Expense: $1,830
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,500
    Annual Maintenance Expense: $1,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: All Utilities, Grounds Care, Lawn Care, Sewer, Snow Removal, Trash Collection, Water

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,108
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,144

    Income

    Annual Gross Income: $18,300

    Rent

    Annual Net Income: $8,962

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Other

    Mortgage Calculator

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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!

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    Listing provided by RMLS, courtesy of Marshall Area Homes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.