Listed By
Agency Name: RE/MAX Advantage Plus
Agency Phone: 320-264-9241
Shown By
Agent Name: John Gellerman
Agent Phone: (612) 990-6004
Agency Title: Counselor Realty
Property Description
Welcome to this income-producing duplex in Milaca, MN- offering a great opportunity for both investors and owner-occupants. This up/down duplex features a 3-bedroom main-level unit and a 2-bedroom upper unit, generating $3,000/month in rental income ($36,000 annually) with leases in place through 2026, providing immediate and stable income. Recent updates in both units include painted cabinets, updated fixtures, and new lighting. See supplements for more updates/details. Roof replaced in 2022. The property also features separately metered utilities and a detached 3-stall garage with a separate electric meter (2024), offering added income potential or flexibility for owner use. Tenants pay for gas, electricity, lawn care, and snow removal, which helps keep operating expenses low. This is a great fit for those seeking a reliable investment, a house-hack opportunity, or a multi-family property.
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345 2nd Avenue Sw, Milaca, MN 56353
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$ 2,307.24 per month $1,916.07 Principal & Interest $286.17 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
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345 2nd Avenue Sw, Milaca, MN 56353
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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345 2nd Avenue Sw | MLS# 7036294
This multi-family property located at 345 2nd Avenue Sw, Milaca, MN 56353 is currently listed for sale with an asking price of $360,000. 2nd Avenue Sw is located within the Milaca school district. Search Milaca real estate on jgellerman.counselorrealty.com today.