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408 Atlantic Ave, Waverly, MN, 55390

2beds
2baths
1,501sqft
$205,000
$137price/sqft
$1,498/moest. monthly cost
$59,920/yrincome needed

About This Home

Up / Down duplex in Waverly offering strong rental history and owner-occupant potential. Each unit features a 1 bed, 1 bath unit. New maintenance free siding and windows installed this spring. The lower unit is currently leased at $975/month on a 1-year lease. The upper unit was previously rented for $975/month and is currently vacant, allowing flexibility for an owner-occupant or the ability to place a new tenant at market rent. Great opportunity to own a cash-flowing property with upside in rents and minimal capital improvement needs. Convenient location with easy access to surrounding communities. Financials are included in the supplements.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

4/10
5/10

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,501

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 1,501
  • Total interior livable area: 1,501 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 116010019070
  • Zoning description: Residential-Multi-Family
  • Foundation area: 754

Features

  • Levels: Two

Lot

  • Lot size: 3,833 sqft
  • Lot size dimensions: 2614