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Active NEW!
$189,000
/mo Edit
Multi-family:  Triplex
Built 1880
1,908 sqft • 0.9 acres
Winona Area schools
MLS# 6794106
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    Property Description

    Triplex Investment Opportunity in the Heart of Winona! This well-performing triplex has been continuously rented for over 20 years, offering a proven rental history and steady cash flow. The property includes three one-bedroom, one-bath apartments, each with practical layouts that keep them in demand. Additional features include a detached garage with a brand-new exterior door coming soon and a spacious backyard with plenty of room for outdoor use. Conveniently located in the heart of Winona, tenants enjoy easy access to downtown, Winona State University, parks, and public transportation — making this a desirable addition to any investment portfolio.

    Listing

    Contingency: None
    Price per sq ft: $99
    City: Winona
    County: Winona
    State: MN
    Property Style: Triplex
    Zip Code: 55987

    Interior

    Living Area: 1,908 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 18x24
    Garage Size: 432 ft2
    Foundation Size: 512 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features: Detached
    Shared Amenities: Porch
    Road Frontage: City Street
    Exterior Material: Other
    Roof Details:
    • Age 8 Years or Less
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.9
    Geolocation: 44.049332, -91.63259
    Lot Dimensions: 30 x 140
    Zoning: Residential-Multi-Family

    Schools

    School District: 861
    District Phone: 507-494-0861

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,602
    Annual Insurance Expense: $3,369
    Annual Maintenance Expense: None
    Annual Gross Expense: $5,901
    Annual Trash Expense: $280
    Annual Water/Sewer Expense: $650
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,348
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,348

    Income

    Annual Gross Income: $18,000

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    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!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.