BEDS0
BATHS
SQUARE FEET2,076
MLS#7118423
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFifth Add To Milaca
SCHOOLMilaca
Property Description
Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit. With the upper lease in place through 2026 and the lower unit lease in place through mid June 2027, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. Main level unit has access to laundry with a new washer/dryer. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.
Property Features
Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Full, Unfinished
Basement: Yes
Garage: 3
Heating: Baseboard, Boiler, Hot Water, Radiator, Radiant
Lot Size: 0.41 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $3,434
Year Built: 1920
Feature Descriptions
Days on Site: 1
Exterior: Block, Concrete, Frame
Foundation Size: 1351
Lot: Corner Lot, Tree Coverage - Medium
Lot Dimensions: 122x148
Owners Expense: Sewer, Trash Collection, Water
Parcel#: 210460070
Parking: Detached Garage, Asphalt, Garage Door Opener
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas, Lawn Care, Snow Removal
Units: 2
Water: City Water/Connected
Local Schools
School District: Milaca
Listed By / Shown By
Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 320-264-9241
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
Estimate Your Payment
Estimated Payment
$ 1,091.68 per month $712.18 Principal & Interest $286.17 Property Tax $93.33 Homeowner's InsuranceChange Payment Information
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345 2nd Avenue Sw | MLS# 7118423
This multi-family property located at 345 2nd Avenue Sw, Milaca, MN 56353 is currently listed for sale with an asking price of $320,000. 2nd Avenue Sw is located within the Milaca school district. Search Milaca real estate on jhentges.homesbyjoel.com today.