317 W River Street, Monticello, MN 55362

Overview

Description

This property is situated in an attractive location just blocks away from West Bridge Park, local retail and restaurants and all that Monticello has to offer. The upper unit has 2 bedrooms, 1 bathroom, its own clothes washer and dryer and separate private entrance and parking. The Lower Unit features numerous updates, 2 bedrooms, 1 bathroom, separate washer and dryer, large kitchen and storage area. Come see all this wonderful property has to offer. Upper Unit is currently leased on a month to month basis while the Owners occupy The Lower Unit. Here is a great opportunity to start your real estate investment portfolio or supplement with a performing asset.

Open Houses

Friday, September 11, 4:00 pm - 6:00 pm

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Main Floor Total SqFt: 1214
Above Ground SqFt: 2158
Total SqFt: 2158
Foundation Size: 1058
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2158.00
Lot Dimensions: 100x165
Acres: 0.37
Assessment Pending: No

Property Features

Accessible: None Basement: Single Tenant Access; Unfinished Construction Status: Previously Owned Existing Financing: FHA Exterior: Vinyl Fencing: None Foundation: Combination Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Unit; Main Level; Upper Level Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Cable; Ceiling Fan(s); French Doors; Kitchen Window; Main Floor Primary Bedroom; Patio; Porch; Washer/Dryer Hookup Unit 1 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer; Water Softener-Owned Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Informal Dining Room Unit 1 Family Room Characteristics: Family Room; Main Level Unit 1 Special Search: Main Floor Bedroom; All Living Fac. on One Level; Main Floor Laundry; Main Floor Primary Unit 2 Amenities: Countertops-Solid Surface Unit 2 Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Family Room Unit 2 Special Search: Main Floor Bedroom; Main Floor Laundry Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 290000
ListPrice: 290000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 317
Street Direction Prefix: W
Street Name: River
Street Suffix: Street
Postal City: Monticello
County: Wright
State: MN
Zip Code: 55362
Complex/Dev/Subdivision: Original Monticello

Assessments

Tax With Assessments: 2224

Building Information

Finished SqFt Above Ground: 2158

More Information

Income and Expenses

Annual Gross Expenses: 3600
Annual Gross Income: 15000
Annual Net Income: 11400
Total Annual Expenses: 3600

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 25
Section#: 11
Township#: 121

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Finished SqFt: 1214
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 15000
Finished SqFt: 944
Full Baths: Yes
Monthly Expense: 300
Monthly Rent: 1250
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 2

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