For Sale: Alexandria MLS# 7168309
Active
NEW!
$169,900
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1947
1,630 sqft • 0.13 acres
Alexandria schools
MLS# 7168309
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Property Description
Excellent investment opportunity right in the heart of Alexandria! This up-and-down duplex is ideally located within walking distance to shopping, dining, and so much more. Recently updated plus has a newer furnace, the property features a spacious 3-bedroom, 1-bath main-level unit and a 1-bedroom, 3/4-bath upper-level unit. The full unfinished basement offers shared laundry and additional common storage space. Tenants will also love the big backyard with a shed. With great market rents, quality tenants already in place, and leases secured, this is a fantastic opportunity to add a strong income-producing property to your investment portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$169,900
Price per sq ft:
$104
Property Type:
Multi-family
City:
Alexandria
Garage Spaces:
0
County:
Douglas
Year Built:
1947
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56308
Subdivision Name:
Aud Sub Of Ne4se4
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,630 ft2
Living Area:
1,630 ft2
Refrigerators:
Two
Basement Details:
- Full
- Storage Space
- Unfinished
Exterior
Stories:
One and One Half
Garage Spaces:
0
Foundation Size:
710 ft2
Foundation Dimensions:
25x28
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Asphalt
Shared Amenities:
Laundry
Road Frontage:
City Street
Roof Details:
Asphalt
Rooms
Shared Rooms:
Other
Laundry:
- Common Area
- Lower Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
45.881001, -95.372541
Lot Dimensions:
59 112 59 111
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
206
District Phone:
3207622141
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$2,340
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,800
Annual Maintenance Expense:
None
Annual Trash Expense:
$500
Annual Water/Sewer Expense:
None
Tenant Expenses:
Broadband, Cable TV, Gas
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,008
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,008
Income
Annual Gross Income:
$25,200
Rent
Annual Net Income:
$20,560
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Power Company Name:
Alexandria Light & Power
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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 Kvale Real Estate.
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.