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Active NEW!
$460,000
/mo Edit
Multi-family:  Four Plex
Built 1886
4,946 sqft • 0.17 acres
Winona Area schools
MLS# 6791692
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    Property Description

    Excellent Investment Opportunity! Located just one block from WSU and within walking distance to the lake and downtown Winona, this property offers both convenience and strong rental appeal. It features four 3-bedroom units, each with solid rental history. Recent updates include fresh paint, new flooring, and an upgraded bathroom in Apartment 3. With great monthly income and a prime location, this is a must-see for investors!

    Listing

    Contingency: None
    Price per sq ft: $93
    City: Winona
    County: Winona
    State: MN
    Property Style: Four Plex
    Zip Code: 55987
    Subdivision Name: Sanborns Add

    Interior

    Living Area: 4,946 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Foundation Size: 2,473 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: Concrete
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.17
    Geolocation: 44.046377, -91.639951
    Lot Dimensions: 100 x 75
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: $6,408
    Annual Electric Expense: None
    Annual Fuel Expense: $3,047
    Annual Insurance Expense: None
    Annual Maintenance Expense: $708
    Annual Gross Expense: $10,070
    Annual Trash Expense: $1,373
    Annual Water/Sewer Expense: $1,581
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,668
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: None

    Income

    Annual Gross Income: $53,400
    Misc. Annual Income: None
    Misc. Monthly 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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    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 Keller Williams Premier Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.