312 3rd Street
Monticello, MN 55362
MLS #4862937

Multi-Family
  • 2units
  • 5beds
  • 0.25acres
  • 1,856sq ft
$99,900
Est. P&I payment: $381.55/mo
312 3rd Street, Monticello, MN 55362
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Description for 312 3rd Street, Monticello, MN 55362
Investment opportunity! Being sold AS IS. Two unit duplex just blocks from downtown. Upper unit is 2 bedrooms. Lower unit is 3 bedrooms. Both have full bath. Lower unit does have washer/dryer hookups, not sure if operable. Upper level has W/D, not sure of condition. Separate entrance to each. Both units have 3 season porch. Very nice size lot with room for future garage possible. Units were always rented during ownership. Home is in need of repairs and updates. Please call for private showing.
MLS #4862937
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My Notes for MLS #4862937

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1870
  • Acres: 0.25
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Irregular Lot,​Tree Coverage - Medium
  • Lot Dimensions: 65x165
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: City,​Paved Streets,​Curbs
  • Parking Characteristics: Driveway - Gravel,​Driveway - Shared,​Unassigned
  • Roof: Asphalt Shingles,​Pitched,​Age 8 Years or Less

Interior Features

  • Total Finished Square Footage: 1,856
  • Handicap Accessible: None
  • Basement: Stone
  • Above Ground Finished SqFt: 1,856
  • Unit 1 Amenities: Porch,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 11x15
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 14x7
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 B3 Dimensions: 11x7
  • Unit 1 B3 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Dining Room: Kitchen/Dining Room
  • Unit 1 Dining Room Dimensions: 9x14
  • Unit 1 Dining Room Level: Main (Ground)
  • UNIT1_Ex-1 Dimensions: 22x9
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Three Season Porch
  • Unit 1 Ex-2 Dimensions: 10x4
  • Unit 1 Ex-2 Level: Main (Ground)
  • Unit 1 Ex-2 Name: Foyer
  • Unit 1 Kitchen Dimensions: 9x14
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 11x14
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 1,184
  • Unit 2 Bedroom 1 Dimensions: 15x10
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 10x7
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Ex-1 Dimensions: 12x12
  • Unit 2 Ex-1 Level: Upper
  • Unit 2 Ex-1 Name: Three Season Porch
  • Unit 2 Ex-2 Dimensions: 8x22
  • Unit 2 Ex-2 Level: Upper
  • Unit 2 Ex-2 Name: Three Season Porch
  • Unit 2 Kitchen Dimensions: 10x9
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 11x8
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 700

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air,​Baseboard
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Unit 2 Air: Window
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 8,700
  • Annual Gross Income: 15,900
  • Annual Caretaker Expense: 75
  • Annual Insurance Expense: 525
  • Annual Maintenance Expense: 225
  • Annual Repair Expense: 200
  • Annual Gross Expense: 3,000
  • Total Annual Expenses: 3,000
  • Annual Trash Expense: 200
  • Annual Water/Sewer Expense: 300
  • Unit 1 Monthly Rent: 725
  • Unit 2 Annual Rent: 7,200
  • Unit 2 Monthly Rent: 600
  • Tax Amount: 1,470
  • Tax With Assessments: 1,470
  • Tax Year: 2016
  • Tenant Expenses: Electric,​Fuel

Community Features

  • Municipality: Monticello
  • County: Wright
  • Postal City: Monticello (MN)

School Features

  • School District: 882 - Monticello
  • School District Phone: 763-272-2000

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,244
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 312 3rd Street, Monticello, MN 55362
From Hwy 25 (Pine Street) and Broadway, continue South on 25 to West/Right on 3rd Street home is 2 1/2 blocks from Hwy 25 on the Left.
The listing information for 312 3rd Street, Monticello, MN 55362 was graciously provided by our friends at the listing brokerage, Better Homes and Gardens Real Estate All Seasons

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(Jim Steel) Market Place Home Mortgage
Jim Steel
13700 Reimer Drive N Ste 100
Maple Grove, MN 55311
(763) 432-4655 Office
(612) 578-6402 Mobile
(763) 432-4649 Fax
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P&I Payment $381.55
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Last Updated 08/18/2017 at 5:06am
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