For Sale: Glenwood MLS# 7073989
Active
$240,000
Multi-family: Duplex Up and Down
3 br • 2 ba • Built 1915
1,914 sqft • 0.199 acres
Minnewaska schools
MLS# 7073989
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Property Description
Investment opportunity with views of Lake Minnewaska! This spacious duplex on a corner lot in Glenwood offers excellent income potential with a rough-in for a possible third unit in the lower level.
The main level unit features easy one-level living with 1 bedroom, a walk-in closet, and durable luxury vinyl plank flooring. The upper unit offers 2 bedrooms, an eat-in kitchen, and plenty of natural light. Shared laundry facilities add convenience for tenants.
Recent improvements include a new roof in 2024. A one-car garage plus abundant off-street parking provide ample space for both units and guests.
With lake views, strong rental potential, and room to expand with a future third unit, this versatile property is a fantastic opportunity for investors or owner-occupants alike. Don’t miss your chance to own a property with flexibility, income potential, and a desirable Glenwood location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$240,000
Price per sq ft:
$125
Property Type:
Multi-family
City:
Glenwood
Garage Spaces:
1
County:
Pope
Year Built:
1915
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56334
Subdivision Name:
Academy Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,914 ft2
Living Area:
1,914 ft2
Refrigerators:
Two
Basement Details:
Block
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
540 ft2
Foundation Size:
957 ft2
Foundation Dimensions:
24 x 36
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Road Frontage:
City Street
Roof Details:
Age 8 Years or Less
Rooms
Laundry:
Lower Level
Lake & Waterfront
Waterfront Present:
N
Waterfront:
Lake View
Lot & Land
Acres:
0.199
Geolocation:
45.650456, -95.396325
Lot Dimensions:
116 x 75
Lot Description:
Corner Lot
Schools
School District:
2149
District Phone:
3202394820
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,300
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,800
Tenant Expenses:
Electricity, Heat
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,912
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,912
Income
Annual Gross Income:
$23,100
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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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!
Listing provided by RMLS,
courtesy of Coldwell Banker Crown Realtors.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.