54 Phelps Avenue, Wabasha, MN 55981

Description

Newer roof and siding, 100% occupied. Duplex is split with a 3 bedroom unit on the lower level and a 1 bedroom unit on the upper level. This is a great investment property or way to have a tenant help pay for your housing costs. Great location close to downtown Wabasha and the hospital. Units are easy to manage and rent with lots of demand for rentals in the area. Owner/Agent

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Interior Details

  • BasementFull
  • CoolingCentral
  • ElectricCircuit Breaker
  • FoundationOther-See Remarks
  • Fuel SourceNatural Gas
  • HeatingForced Air
  • Seasons4 Season

Exterior Details

  • DrivewayGravel
  • ExteriorVinyl
  • SewerCity Sewer
  • WaterWell

Property Details

  • OccupancyTenants Rights
  • 2020 Taxes$1,420
  • Total Units3
  • Unit Numbern.a
  • ZoningResidential-Duplex

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MLS# 1546347

$140,000

Duplex, Multi-Family Property built in 1880

Acres
0.1 Acres

County
Out of State

Above Grade
1,074 sq ft

Status
Active

Units

Unit #1  |  $900 / Month
Bedrooms: 3  |  Bathrooms (F/H): 1/0
566 sq ft
The lower unit tenant lease began 10/1/2019 is month to month (two months notice in winter).

Unit #2  |  $50 / Month
Bedrooms: 0  |  Bathrooms (F/H): 0/0
336 sq ft
The garage unit is currently leased by a third party in 6-month increments. This is a long term tenant on a verbal lease.

Unit #3  |  $475 / Month
Bedrooms: 1  |  Bathrooms (F/H): 1/0
508 sq ft
Upper unit tenant lease began 4/1/20 and lease will go month to month after 12 months (two months notice in winter).

Questions?

Listed By

Listing Office: Weichert, Realtors- Jewson Properties

Listing Agent: Jay Jewson

Last Updated: September 17th, 2020 @ 10:13 AM

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