25 more
Presented By: Edina Realty, Inc.
Great income generating property with immediate cash flow! Fully rented with leases well into 2025! Well located just blocks from downtown Red Wing and all it has to offer...parks, shopping, restaurants, entertainment. Two of the units have been freshly updated with new flooring, cabinets, doors, appliances, lighting, paint and more! Third unit has new flooring. Separately metered electric/gas. All windows have been replaced. Tenant shared laundry. Each unit includes one stall of the garage.
Presented By: Edina Realty, Inc.
Above Grade Finished Area1976
BasementStone/Rock, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
FuelElectric, Natural Gas
Garage Square Feet680
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCommon Laundry
CityRed Wing
Construction MaterialsFiber Board
ContingencyNone
CountyGoodhue
DirectionsFrom Highway 61 downtown Red Wing, East (South) on Hwy 58 (Plum St) left on 7th St, left on Hodgman
ElectricCircuit Breakers, 100 Amp Service
Electric Expense
Fuel Expense
Garage Spaces3
Gross Income28800
HeatingBaseboard, Forced Air
High School DistrictRed Wing
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal3
Operating Expense0
OwnerPaysInsurance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection
PostalCityRed Wing
Property SubtypeTriplex
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameAud Sub
Tax Annual Amount2662
Tax Year2024
Tenant PaysCable TV, Electricity, Fuel
TopographyLevel
Trash Expense0
Water Sewer Expense0
Year Built1880
Zoning DescriptionResidential-Multi-Family
Building Area Total1976
FencingNone
Foundation Area1144
Lot Dimensions58x134
Lot FeaturesTree Coverage - Light
Lot Size Area0.18
Parking FeaturesDetached, Gravel
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
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