




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
0
21
Schools
4/10
5/10
8/10
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
