$172,000
$179,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
308 4th AVE NE Hayfield, MN 55940
1,512 SqFt
Key Details
Sold Price $172,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,512 sqft
Price per Sqft $113
Subdivision Rouhoffs 1St Sub
MLS Listing ID 6364321
Sold Date 06/23/23
Year Built 1977
Annual Tax Amount $3,278
Tax Year 2022
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 80X120
Property Description
Investor friendly, low maintenance, income producing duplex. Whether you are a first time investor, or seasoned vet, this is a stress free property to add to your portfolio. So much potential for updates to add additional value, and income considering no rent increases in the past 3 years. Leases are month to month, and could justify rent increases, or expenses added to the leases to raise NOI. With Hayfield being centrally located between Rochester, Austin, and Owatonna, this is a great option for ones who want to live in the small town, but work in the city. Looking for a property to use as owner occupy? This is it! Live in one side, and rent the other to assist with expenses.
Location
State MN
County Dodge
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Building
Story One
Foundation 1512
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Vinyl Siding
New Construction false
Schools
School District Hayfield
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