For Sale: Winona MLS# 7164574
Active
NEW!
$425,000
Multi-family: Duplex Up and Down
10 br • 2 ba • Built 1860
4,072 sqft • 0.208 acres
Winona Area schools
MLS# 7164574
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Property Description
Investment Opportunity Near Winona State University! Looking to expand your investment portfolio? This spacious duplex at 323 W Broadway offers a fantastic opportunity in a convenient location near Winona State University! Each unit features 5 bedrooms and 1 bathroom, providing a total of 10 bedrooms between the two units. Currently rented to college students by the room, each unit offers shared living spaces and a washer and dryer. The room-by-room rental setup provides flexibility and income potential for investors. With its proximity to campus and established student rental arrangement, this property is an excellent opportunity to add to your rental portfolio!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$425,000
Price per sq ft:
$104
Property Type:
Multi-family
City:
Winona
Garage Spaces:
2
County:
Winona
Year Built:
1860
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55987
Interior
Bedrooms:
10
Bathrooms:
2
Finished Area:
4,072 ft2
Living Area:
4,072 ft2
Refrigerators:
Two
Basement Details:
- Drain Tiled
- Egress Window(s)
- Finished
- Partially Finished
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
528 ft2
Foundation Size:
1,581 ft2
Handicap Accessible:
None
Heating System:
- Baseboard
- Forced Air
Parking Features:
- Concrete
- Detached Garage
- Gravel
Roof Details:
- Age 8 Years or Less
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
- In Unit
- Lower Level
- Upper Level
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.208
Geolocation:
44.0514771885, -91.6457088902
Lot Dimensions:
60 x 150
Zoning:
Residential-Multi-Family
Schools
School District:
861
District Phone:
5074940861
Expenses
Annual Caretaker Expense:
$1,500
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,400
Annual Maintenance Expense:
$1,500
Annual Trash Expense:
$1,200
Annual Water/Sewer Expense:
$1,100
Tenant Expenses:
Broadband, Cable TV
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,080
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,080
Income
Annual Gross Income:
$48,300
Rent
Annual Net Income:
$36,500
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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 Edina Realty Rochester.
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.