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With its desirable residential location, an updated unit, and established rental income, this duplex is a fantastic investment opportunity! The W 5th Street-side unit has been completely updaated, featuring fresh paint, new flooring, updated appliances, added central AC, and a bright, open-concept living room with a large picture window that fills the space with natural light. The brand-new kitchen boasts modern appliances and a beautiful butcher-block island, while a versatile bonus room with laundry offers the perfect space for a home office, den, or small bedroom. Upstairs, you'll find two spacious bedrooms and a brand-new full bathroom. The current lease for this unit runs through June 2027. The Jefferson Street-side unit features a living room, informal dining area, and eat-in kitchen on the main level. Upstairs, you'll find a bedroom and a 3/4 bathroom. This unit is on a month-to-month lease. Both units are currently rented, providing immediate rental income. Both also feature unfinished basements for extra storage, and tenants pay their own gas and electric. Outside, enjoy the shared L-shaped front porch, a backyard and side yard, plus a detached two-car garage and gravel driveway offering convenient off-street parking.
Listed By
Agency Name: Red Wing Homes For Sale
Agency Phone: 651-388-1995
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 1,507.50 per month $1,197.54 Principal & Interest $244.33 Property Tax $65.63 Homeowner's InsuranceSend an email with a link to
427 Jefferson Street, Red Wing, MN 55066.
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427 Jefferson Street | MLS# 7158553
This multi-family property located at 427 Jefferson Street, Red Wing, MN 55066 is currently listed for sale with an asking price of $225,000. Jefferson Street is located within the Red Wing school district. Search Red Wing real estate on www.counselorrealty.com today.