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For Sale:  Aitkin MLS# 7145539

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Active NEW!
$199,900
/mo Edit
Multi-family:  Duplex Up and Down
5 br • 4 ba • Built 1930
2,976 sqft • 0.33 acres
Aitkin schools
MLS# 7145539
763-576-8286
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    Property Description

    Investors and owner-occupants take notice! This well-located duplex offers an excellent opportunity to own an income-producing property in the city of Aitkin. The main-floor unit features 2 bedrooms, 1 bathroom, large kitchen and living space. There is also a spacious enclosed porch at the front entrance. The back entrance has a stairway access to the basement. The upper-level unit has a private staircase entrance from the alley side of the home. Offering 3 bedrooms, 2 bathrooms, large living room and kitchen. This property provides flexibility for a variety of tenants and also boasts a large 24 x 24 detached 2-stall garage with alley-access. Offering ample space and protected storage for vehicles, seasonal toys, and tenant parking in addition to the yard parking available along the alley. Enjoy this ideal location within walking distance of the high school and downtown Aitkin, with restaurants, shopping, services, and local amenities all close by. Whether you're looking to expand your real estate portfolio or live in one unit while generating rental income from the other, this property offers an ideal opportunity to invest in Aitkin's local housing market. A great opportunity to own a versatile, income-producing property.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $199,900
    Price per sq ft: $67
    Property Type: Multi-family
    City: Aitkin
    Garage Spaces: 2
    County: Aitkin
    Year Built: 1930
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56431

    Interior

    Bedrooms: 5
    Bathrooms: 4
    Finished Area: 2,976 ft2
    Living Area: 2,976 ft2
    Refrigerators: Two
    Basement Details:
    • Full
    • Sump Pump

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 30x24
    Garage Size: 720 ft2
    Foundation Size: 992 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Open
    • Unassigned
    Road Frontage:
    • City Street
    • State Road
    Pool: None
    Roof Details:
    • Asphalt
    • Pitched

    Rooms

    Laundry:
    • In Basement
    • Laundry Room
    • Lower Level
    • Upper Level

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.33
    Geolocation: 46.5336348556, -93.7176129731
    Lot Dimensions: 100 x 143
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 8001
    District Phone: 2189272115

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,550
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,550

    Income

    Annual Gross Income: None

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Aitkin Public Utilities

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Northland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.