Property Listing
Description
With its desirable residential location, an updated unit, and established rental income, this duplex is a fantastic investment opportunity! The W 5th Street-side unit has been completely updaated, featuring fresh paint, new flooring, updated appliances, added central AC, and a bright, open-concept living room with a large picture window that fills the space with natural light. The brand-new kitchen boasts modern appliances and a beautiful butcher-block island, while a versatile bonus room with laundry offers the perfect space for a home office, den, or small bedroom. Upstairs, you'll find two spacious bedrooms and a brand-new full bathroom. The current lease for this unit runs through June 2027. The Jefferson Street-side unit features a living room, informal dining area, and eat-in kitchen on the main level. Upstairs, you'll find a bedroom and a 3/4 bathroom. This unit is on a month-to-month lease. Both units are currently rented, providing immediate rental income. Both also feature unfinished basements for extra storage, and tenants pay their own gas and electric. Outside, enjoy the shared L-shaped front porch, a backyard and side yard, plus a detached two-car garage and gravel driveway offering convenient off-street parking.
Property Information
Status: Active
Sub Type: ********
List Price: $225,000
MLS#: 7158553
Current Price: $225,000
Address: 427 Jefferson Street, Red Wing, MN 55066
City: Red Wing
State: MN
Postal Code: 55066
Geo Lat: 44.560178
Geo Lon: -92.550175
Subdivision: Sweneys Add
County: Goodhue
Property Description
Year Built: 1890
Lot Size SqFt: 6098.4
Gen Tax: 2932
Specials Inst: 0
High School: Red Wing
Square Ft. Source:
Above Grade Finished Area: 1676
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2657
Style: Array
Total Bedrooms: 4
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: