About This Home
This 1-bedroom, 1-bathroom residential multi family at 617 W 3rd Street in Madison, MN is listed for $79,500 ($112 per sqft). Built in 1900, the home offers 713 sqft of living space on a 0.05 acres lot.
Key Features
- Built in 1900
- 0.05 acre lot
Property Details
Income property! This home could be used as your residence with either the upper or lower being rented out to another party. The upstair apartment is very nice with a rear entrance large kitchen, living, dining area, full bathroom, laundry room and 2 bedrooms!
The main floor has 1 Bedroom and a newly remodeled bathroom. Living, Dining and Large kitchen, its own laundry room! The shingles and siding are just 2 years old! This could be a wonderful income property! With the added income of the additional rental option!
There is a partial fence in the rear and yard. 2 Apartment building. Over/Under. Each has their own entrance. THE WAY IT SITS NOW IS MAIN FLOOR IS THE OWNER THE TOP RENTAL IS NOW VACANT, ON PURPOSE FOR THE SALE. THE OWNER TAKES CARE OF UTILITIES AND RENTS OUT THE UP APARTMENT FOR 800 MONTH. THE UTILITY EXPENSES ARE WATER, SEWER, ELECTRICITY, AND GARBAGE ARE ALL ON ONE BILL. THE GAS FOR HEATING IS SEPARATE, AND IS ESTIMATED. WILL PROVIDE MORE ACURATE INFORMATION IF YOU ARE AN INTERESTED PARTY.
Monthly Cost Estimate
$425/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
617 W 3rd Street
Madison, MN 56256
City/Madison
Features & Amenities
Exterior Features
Property Details
Construction
Heating
Questions & Answers
This 1-bedroom, 1-bathroom residential multi family at 617 W 3rd Street is listed at $79,500 ($112/sqft). The estimated monthly payment is $425 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.05 acre lot. Exterior Features: Vinyl.
This property is listed by Dawn G Peterson and can be reached at (763) 390-3017.