$275,000

610 & 612 Hodgman StreetRed Wing, MN 55066

Type: Multi-Family

3 Units

Description

Great income generating property with immediate cash flow! Fully rented with leases well into 2025! Well located just blocks from downtown Red Wing and all it has to offer...parks, shopping, restaurants, entertainment. Two of the units have been freshly updated with new flooring, cabinets, doors, appliances, lighting, paint and more! Third unit has new flooring. Separately metered electric/gas. All windows have been replaced. Tenant shared laundry. Each unit includes one stall of the garage.

MLS ID: 6615570

Directions: From Highway 61 downtown Red Wing, East (South) on Hwy 58 (Plum St) left on 7th St, left on Hodgman

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Property Details

Essential Details

MLS #: 6615570

Listing courtesy of: Edina Realty, Inc.

Price: $275,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 3

Annual Gross Income: $28,800

Annual Gross Expense: $0

Tenant Pays: Cable TV, Electricity, Fuel

Owner Pays: Insurance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection

Parking Features: Detached, Gravel

Garage SqFt: 680

Garage Spaces: 3

Building Details

Owner Occupied: No

Finished SqFt Total: 1,976

Finished Above Grade: 1,976

Fireplace: No

Construction Materials: Fiber Board

AccessibilityFeatures: None

Roof: Age Over 8 Years

Heating: Baseboard, Forced Air

Electric: Circuit Breakers, 100 Amp Service

Style: Triplex

Foundation Area: 1,144

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Three

Number of Refrigerators: Three

Lot Details

Complex/Dev/Sub Name: Aud Sub

Lot Dimensions: 58x134

Fence: None

Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer

School Information

District: Red Wing

District Number: 256

District Phone: 651-385-4500

Community Information

County: Goodhue

Taxes

Tax Year: 2024

Tax Amount: $2,662

Assessment Pending: No

Taxes w/Assessments: $2,662

This listing was last updated by Edina Realty, Inc. on 11/26/2024 at 3:27 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/4/2024 2:45 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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