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Listed price in listed location currency (USD).
$225,000

422

MLS® 7158553

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1676 sqft
Garage Yes
Taxes $2,932
Days Active 0
Lot Size 0.14 Acres
Approx. Age 1890
Avg. Price Per Sqft $134
MLS® Number 7158553

Property Address: 427 Jefferson St, Red Wing, MN, 55066-2185

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7158553
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1890
BasementUnfinished
DrivewayDetached Garage, Gravel
Garage Spaces
HeatForced Air
A/C

Extras

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