116 W South Street
Norwood Young America, MN 55368
MLS #4822270

Multi-Family
  • 2units
  • 6beds
  • 0.16acres
  • 2,944sq ft
$249,900
Est. P&I payment: $954.45/mo
116 W South Street, Norwood Young America, MN 55368
  • 116 W South Street, Norwood Young America, MN 55368 Photo 1
  • 116 W South Street, Norwood Young America, MN 55368 Photo 2
  • 116 W South Street, Norwood Young America, MN 55368 Photo 3
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Description for 116 W South Street, Norwood Young America, MN 55368
Completely rebuilt in 2004: Interior, exterior, windows, kitchen, bathroom and nearly all mechanicals. Spacious kitchens, living spaces and bedrooms. Income producing duplex, fully rented. Units have separate mechanical and water meter. Tenants pay all utilities. Great opportunity for investor, upper unit with long-term tenant.
MLS #4822270
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My Notes for MLS #4822270

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1974
  • Acres: 0.16
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 60x120
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Vinyl
  • Fencing: None
  • Road Frontage: City,​Paved Streets
  • Parking Characteristics: Attached Garage,​Driveway - Gravel,​Garage Door Opener
  • Garage Stalls: 2
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 2,944
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable),​Concrete Block
  • Above Ground Finished SqFt: 1,504
  • Below Ground Finished SqFt: 1,440
  • Unit 1 Amenities: Deck,​Natural Woodwork,​Kitchen Window,​Vaulted Ceiling(s),​Hardwood Floors,​Tile Floors,​Washer/Dryer Hookup
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Level: Upper
  • Unit 1 B3 Level: Upper
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Dining Room: Separate/Formal Dining Rm
  • Unit 1 Dining Room Level: Upper
  • UNIT1_Ex-1 Level: Upper
  • Unit 1 Ex-1 Name: Laundry
  • Unit 1 Family Rm Characteristics: Main Level
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Level: Upper
  • Unit 1 Number of Units: 1
  • Unit 1 Special Rooms: Main Floor Laundry,​3 BR on One Level,​All Living Fac. on One Level
  • Unit 1 Total Rooms: 6
  • Unit 1 Finished Square Footage: 1,504
  • Unit 2 Amenities: Porch,​Natural Woodwork,​Washer/Dryer Hookup
  • Unit 2 Bedrrom 1 Level: Lower
  • Unit 2 Bedrrom 2 Level: Lower
  • Unit 2 Bedroom 3 Level: Lower
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Dining Room Level: Lower
  • Unit 2 Ex-1 Level: Lower
  • Unit 2 Ex-1 Name: Laundry
  • Unit 2 Family Room Characteristics: Main Level,​Family Room
  • Unit 2 Kitchen Level: Lower
  • Unit 2 Living Room Level: Lower
  • Unit 2 Number of Units: 1
  • Unit 2 Special Rooms: Main Floor Laundry,​3 BR on One Level,​All Living Fac. on One Level
  • Unit 2 Finished Square Footage: 1,440

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned
  • Unit 1 Air: Central
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Washer,​Dryer,​Water Softener-Owned
  • Unit 2 Air: Central
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 12,000
  • Annual Gross Income: 24,000
  • Annual Insurance Expense: 1,440
  • Annual Gross Expense: 1,940
  • Total Annual Expenses: 1,940
  • Unit 1 Monthly Rent: 1,000
  • Unit 2 Annual Rent: 12,000
  • Unit 2 Monthly Rent: 1,000
  • Tax Amount: 3,356
  • Tax With Assessments: 3,356
  • Tax Year: 2017
  • Tenant Expenses: Insurance,​Water/Sewer,​Electric,​Fuel,​Trash,​Snow,​Lawn,​Cable T.V.

Community Features

  • Municipality: Norwood Young America
  • County: Carver
  • Postal City: Norwood Young America (MN)

School Features

  • School District: 108 - Central
  • School District Phone: 952-467-7000

Misc Features

  • Amenities - Shared: Deck
  • Construction Status: Previously Owned
  • Foundation Size: 1,440
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 116 W South Street, Norwood Young America, MN 55368
Hwy 212 to Faxon (s) to South Street West
The listing information for 116 W South Street, Norwood Young America, MN 55368 was graciously provided by our friends at the listing brokerage, Bridge Realty, LLC

Get Financing for 116 W South Street, Norwood Young America, MN 55368

Pacific Union Financial
Chris Dunn
9240 Baltimore St NE #110
Blaine, MN 55449
612-618-3888 Mobile
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P&I Payment $954.45
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Last Updated 09/23/2017 at 11:18am
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