495 W 1st Street Rush City, MN - Image 1495 W 1st Street Rush City, MN - Image 2495 W 1st Street Rush City, MN - Image 3495 W 1st Street Rush City, MN - Image 4495 W 1st Street Rush City, MN - Image 5495 W 1st Street Rush City, MN - Image 6495 W 1st Street Rush City, MN - Image 7495 W 1st Street Rush City, MN - Image 8495 W 1st Street Rush City, MN - Image 9495 W 1st Street Rush City, MN - Image 10495 W 1st Street Rush City, MN - Image 11495 W 1st Street Rush City, MN - Image 12495 W 1st Street Rush City, MN - Image 13495 W 1st Street Rush City, MN - Image 14495 W 1st Street Rush City, MN - Image 15495 W 1st Street Rush City, MN - Image 16495 W 1st Street Rush City, MN - Image 17495 W 1st Street Rush City, MN - Image 18495 W 1st Street Rush City, MN - Image 19495 W 1st Street Rush City, MN - Image 20495 W 1st Street Rush City, MN - Image 21495 W 1st Street Rush City, MN - Image 22495 W 1st Street Rush City, MN - Image 23495 W 1st Street Rush City, MN - Image 24495 W 1st Street Rush City, MN - Image 25495 W 1st Street Rush City, MN - Image 26495 W 1st Street Rush City, MN - Image 27495 W 1st Street Rush City, MN - Image 28495 W 1st Street Rush City, MN - Image 29495 W 1st Street Rush City, MN - Image 30495 W 1st Street Rush City, MN - Image 31495 W 1st Street Rush City, MN - Image 32495 W 1st Street Rush City, MN - Image 33495 W 1st Street Rush City, MN - Image 34

$339,900

4 Beds 2 Baths 1,823 SQFT 0.43 Acres
Type: Multi-Family

495 W 1st Street
Rush City, MN 55069

MLS#: 7152024
Jan Nelson
Jan Nelson
The Real Estate Advantage
Agent
Phone: 952.250.8336
Office: 952.470.7600
Presented by: Century 21 Moline Realty Inc

Property Description

 

Investment Opportunity Meets Small-Town Charm! Have you ever dreamed of owning a home that can considerably help offset your loan payment, or even help pay its own bills? Here’s your opportunity to turn that dream into reality, where investment meets the quaint small town of Rush City! Welcome to a charming property in the heart of Rush City offering built-in income potential, room to build equity, and plenty of creative space to make it your own. The main home is an adorable 1.5-story residence built in 1948 with the breezeway addition in 1954, and the apartment addition in 1982. It features 2 bedrooms and 1 bathroom, with the potential for convenient main-floor living. The inviting open layout provides a blank canvas for your vision, making it easy to bring your ideas and personal style to life. Several updates have been completed, including 13 new energy-efficient, argon-filled, double-pane replacement windows in the main house, providing improved insulation, comfort, and potential heating-cost savings, and fresh interior paint, giving you a great head start on making it your own. Even better, the existing attached apartment tenant provides rental income to offset your loan payment and allows for extra income to complete more updates. Location adds even more appeal! Situated in the heart of Rush City, you'll be within walking distance of downtown, the city water park, the renowned Rush City Bakery, and local Rush City schools/sporting events. Enjoy the easy freeway access for commuting to/from work and surrounding communities. Whether you're looking for an investment property, a home with income potential, this one should be on your list of homes to see! Please enjoy the Matterport so you can view every detail you desire!


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area1,823 sqft
BasementBlock, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensions36x32
FuelElectric
Garage Dimensions24x22
Garage Square Feet528
Laundry FeaturesElectric Dryer Hookup, Main Level

General

AccessibilityNone
Additional Parcels Y/NNo
CityRush City
Construction MaterialsBlock, Frame
ContingencyNone
CountyChisago
DirectionsNorth on 35W to the Rush City exit. Turn right onto 4th St. Take a left onto S. Harte Ave. to 1st Street. Take a right onto 1st Street. Home will be on the left.
Electric150 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income12000
HeatingBoiler
High School DistrictRush City
Insurance Expense1681
Land Lease Y/NNo
Lender OwnedNo
LevelsOne and One Half
Living Area1,823 sqft
Lot Size UnitsAcres
MaintenanceExpense500
Net Operating Income6141
New ConstructionNo
Number Of Units Total2
Operating Expense5859
OwnerPaysInsurance, Trash Collection
Pool FeaturesNone
PostalCityRush City
Property SubtypeDuplex Other
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$2,609
Tax Year2026
Tenant PaysElectricity, Gas, Heat, Sewer, Snow Removal, Water
Trash Expense552
Virtual TourClick here
Water Sewer Expense0
Year Built1948
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,047 sqft
FencingNone
Foundation Area1,224 sqft
Lot Dimensions125x150x126x150
Lot FeaturesTree Coverage - Medium
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Asphalt, Garage Door Opener
Road Frontage TypeCity Street, Paved Streets, Storm Sewer
Road ResponsibilityPublic Maintained Road
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

$339,900

4 Beds 2 Baths 1,823 SQFT 0.43 Acres
Type: Multi-Family

495 W 1st Street
Rush City, MN 55069

MLS#: 7152024
Jan Nelson
Jan Nelson
The Real Estate Advantage
Agent
Phone: 952.250.8336
Office: 952.470.7600