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$250,000

5 Beds 3 Baths 2,329 SQFT 0.35 Acres
Type: Multi-Family

705 2nd Avenue SW
Pine City, MN 55063

MLS#: 7131125
Stephanie Wimber
Stephanie Wimber
The Real Estate Advantage
Realtor
Phone: 612.481.5709
Office: 952.253.5600
Presented by: LPT Realty, LLC

Property Description

 

Fantastic opportunity for homeowners and investors alike! Situated on a corner lot in a desirable Pine City location, this duplex offers two separate living units, each with its own private entrance. One unit features 2 bedrooms and 1 bathroom, while the other offers 3 bedrooms and 2 bathrooms. Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the other, or explore multigenerational living, this property offers great flexibility. With one tenant currently in place, there's an opportunity for immediate rental income. Conveniently located near local amenities, this property offers plenty of possibilities!

 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area2,329 sqft
BasementDaylight/Lookout Windows, Full, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet240

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPorch
CityPine City
ContingencyNone
CountyPine
DirectionsI-35 North to Exit 169 - East to Main Street - North to 2nd Ave - Left 1 Block to property on North West corner.
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income21000
HeatingForced Air
High School DistrictPine City
Insurance Expense1617.45
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,329 sqft
Lot Size UnitsAcres
MaintenanceExpense1200
New ConstructionNo
Number Of Units Total2
Operating Expense8215
OwnerPaysInsurance, Grounds Care, Sewer, Taxes, Water
Pool FeaturesNone
PostalCityPine City
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$3,718
Tax Year2026
Tenant PaysCable TV, Electricity, Fuel, Lawn Care, Snow Removal, Trash Collection
Trash Expense0
Water Sewer Expense1440
Year Built1895
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,329 sqft
Foundation Area1,344 sqft
Lot Dimensions102x150
Lot FeaturesCorner Lot
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Concrete, Shared Driveway, Units Vary
Road Frontage TypeCity Street, Curbs, Paved Streets
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$250,000

5 Beds 3 Baths 2,329 SQFT 0.35 Acres
Type: Multi-Family

705 2nd Avenue SW
Pine City, MN 55063

MLS#: 7131125
Stephanie Wimber
Stephanie Wimber
The Real Estate Advantage
Realtor
Phone: 612.481.5709
Office: 952.253.5600

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