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$240,000

6 Beds 2 Baths 2,709 SQFT 0.25 Acres
Type: Multi-Family

725 S Cedar Avenue
Owatonna, MN 55060

MLS#: 7106277
Michelle Moen
Michelle Moen
The Real Estate Advantage
Agent
Phone: 612.708.2789
Office: 952.226.7700
Presented by: RE/MAX Advantage Plus

Property Description

 

Great investment opportunity in a convenient Owatonna location! This spacious two-unit property offers has a total of 6 bedrooms and 2 bathrooms, providing excellent potential for rental income or owner-occupancy. Each unit offers generous living space and comfortable bedroom accommodations, making this a versatile property for investors or owner occupant. The property sits on a desirable corner lot and includes a detached 2-car garage for additional parking and storage. Conveniently located near schools, parks, shopping, dining and downtown Owatonna. Bring your vision and take advantage of the opportunity to add value to this established multifamily property!


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,709 sqft
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet576

General

AccessibilityNone
Additional Parcels Y/NNo
CityOwatonna
ContingencyNone
CountySteele
DirectionsI35 Take Bridge Street Exit, Go East to Cedar Ave, Turn South on Cedar, 725 on East Side
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income0
HeatingBoiler
High School DistrictOwatonna
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,709 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityOwatonna
Property SubtypeDuplex Side by Side
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NamePhelps Add
Tax Annual Amount$3,832
Tax Year2026
Trash Expense0
Water Sewer Expense0
Year Built1894

Exterior

Building Area Total2,709 sqft
Foundation Area1,369 sqft
Lot Dimensionscommon
Lot Size Area0 sqft
Parking FeaturesDetached Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$240,000

6 Beds 2 Baths 2,709 SQFT 0.25 Acres
Type: Multi-Family

725 S Cedar Avenue
Owatonna, MN 55060

MLS#: 7106277
Michelle Moen
Michelle Moen
The Real Estate Advantage
Agent
Phone: 612.708.2789
Office: 952.226.7700