For Sale: Fairmont MLS# 7167915
Active
NEW!
$129,900
Multi-family: Duplex Up and Down
5 br • 2 ba • Built 1930
1,907 sqft • 0.117 acres
Fairmont Area schools
MLS# 7167915
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Property Description
Investment Opportunity! Check out this duplex located at 1918 Albion Avenue. Two separate units, each with its own utility meters. The main-level unit features 3 bedrooms and 1 bathroom, currently renting for $650 per month. The upper-level unit offers 2 bedrooms and 1 bathroom, currently renting for $640 per month. This property is a great opportunity to add to your investment portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$129,900
Price per sq ft:
$68
Property Type:
Multi-family
City:
Fairmont
Garage Spaces:
1
County:
Martin
Year Built:
1930
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56031
Interior
Bedrooms:
5
Bathrooms:
2
Finished Area:
1,907 ft2
Living Area:
1,907 ft2
Refrigerators:
Two
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
25x30
Garage Size:
750 ft2
Foundation Size:
702 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Tuckunder Garage
Shared Amenities:
Deck
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Street Lights
Pool:
None
Roof Details:
Other
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.117
Geolocation:
43.628958, -94.461871
Lot Dimensions:
0.117 Acres
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
2752
District Phone:
5072384234
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,364
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,364
Income
Annual Gross Income:
$15,480
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX TOTAL REALTY.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.