Hayfield, MN 55940,308 4th AVE NE
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Hayfield, MN 55940,308 4th AVE NE
Hayfield, MN 55940,308 4th AVE NE
Hayfield, MN 55940,308 4th AVE NE
Hayfield, MN 55940,308 4th AVE NE

$172,000

Est. payment /mo

$179,900

4.4%
Est.Price: ?

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308 4th AVE NE Hayfield, MN 55940

1,512 SqFt

SOLD DATE : 06/23/2023

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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Listed by RE/MAX Dynamic Agents
agent

Drew Fleming

Broker | License ID: 40761504

+1(507) 254-0275

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