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305 Red River Avenue S, Cold Spring, MN 56320

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For Sale

$174,900

4 beds2,280 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $76.71
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Duplex Investment Opportunity in the Heart of Cold Spring This corner-lot duplex offers two separate units both currently leased on a month-to-month basis making it an ideal opportunity for investors or owner-occupants. Live in one unit and rent out the other to help offset your cost of living, or continue leasing both for steady income. Zoned C-2 and located at a high-visibility intersection, this property also presents excellent potential for a variety of commercial uses. The stucco-sided building welcomes you with a charming front porch and sits on a lot with moderate tree coverage, offering a balance of privacy and visibility. The main-level unit features two bedrooms, a full bathroom, and convenient main-floor laundry. The upper-level unit includes three bedrooms, a full bathroom, and its own laundry area perfect for rental income, multigenerational living, or flexible space usage. A detached two-stall garage adds valuable storage or workshop potential. Utilities include a natural gas boiler, a 50-gallon electric water heater, and a 100-amp breaker panel. With current property taxes at just $1,940 annually, this is a smart investment in a growing area. Don t miss your chance to own a versatile, income-generating property in a prime Cold Spring location.
MLS# 6771036

Courtesy Of RE/MAX Results

(952) 829-2900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Baseboard, Radiant
  • Lot Size
    0.26 Acres
  • Roof Type
    Asphalt

Home seller CENTURY 21 First Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 First Realty, Inc.

(320) 252-4908
Learn More About Us

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Monthly Payment Breakdown

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