For Sale: Morristown MLS# 6775933
Active
NEW!
$100,000
Multi-family: Triplex
Built 1856
3,200 sqft • 0.14 acres
Waterville-Elysian-Morris schools
MLS# 6775933
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Property Description
Great opportunity for a handyman or investor! With some work, this triplex could become a strong income-producing property. Situated in the heart of Morristown, each of the three units has its own private entrance. Units #1 and #2 are located on the main floor-one is a 1-bedroom and the other a 2-bedroom-both featuring ¾ bathrooms, access to a shared laundry hookup, and a covered front porch. The upper-level unit offers 3 bedrooms, a full bathroom with in-unit laundry. The property also includes ample parking and a one-car garage. Live in one unit and rent out the others to offset your costs. Water is on a single meter, while gas and electricity are separately metered.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$100,000
Price per sq ft:
$31
Property Type:
Multi-family
City:
Morristown
Garage Spaces:
1
County:
Rice
Year Built:
1856
State:
MN
Property Style:
Triplex
Zip Code:
55052
Subdivision Name:
Adams & Allens
Interior
Finished Area:
3,200 ft2
Living Area:
3,200 ft2
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
1
Garage Dimensions:
29x13
Garage Size:
377 ft2
Foundation Size:
1,600 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached
Exterior Material:
Stucco
Lot & Land
Acres:
0.14
Geolocation:
44.226528, -93.44626
Lot Dimensions:
77.5 x 80
Zoning:
Residential-Multi-Family
Schools
School District:
2143
District Phone:
507-275-3115
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,472
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$4,606
Income
Annual Gross Income:
None
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
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 Edina Realty, Inc..
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.