For Sale: Rushford MLS# 7111035
Active
NEW!
$330,000
Multi-family: Triplex
6 br • 4 ba • Built 1890
3,929 sqft • 0.158 acres
Rushford-Peterson schools
MLS# 7111035
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Property Description
Rare mixed-use investment opportunity in the heart of downtown Rushford! Fully renovated in 2013, including major updates to the plumbing, electrical, bathrooms, and utilities, this well-maintained property offers exceptional versatility and income potential. The main level features a vacant commercial space that was most recently operated as a coffee shop and café, complete with a kitchen, drive through, pressed-tin ceilings, beautiful inside seating area, and sidewalk café seating, making it ready for your next business venture or tenant.
The property also includes three residential units: a one-bedroom, one-bath unit, a two-bedroom, one-bath unit, and a three-bedroom, one-bath unit, providing immediate rental income from three occupied residential units while you lease or occupy the commercial space. Whether you're an investor or an entrepreneur, this is a rare opportunity to own a character-filled, income-producing property in the heart of downtown Rushford.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$330,000
Price per sq ft:
$84
Property Type:
Multi-family
City:
Rushford
Garage Spaces:
0
County:
Fillmore
Year Built:
1890
State:
MN
Property Style:
Triplex
Zip Code:
55971
Subdivision Name:
Stevens Add
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
3,929 ft2
Living Area:
3,929 ft2
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,200 ft2
Handicap Accessible:
Reduced Height Counters, Partially Wheelchair
Heating System:
Forced Air
Parking Features:
- Open
- Parking Lot
Road Frontage:
City Street
Roof Details:
Metal
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.158
Geolocation:
43.807921, -91.753976
Lot Dimensions:
50 x 140
Schools
School District:
239
District Phone:
5078647785
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:
2025
Annual Taxes:
$1,182
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,030
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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 Mosaic Real Estate.
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.