$145,000
101 N Park Street Minnesota Lake, MN 56068
For Sale MLS# 7039111
4 beds 2 baths 1,785 sq ft Multi-family
Details for 101 N Park Street
MLS# 7039111
Description for 101 N Park Street, Minnesota Lake, MN, 56068
Welcome to a versatile property on a corner lot in Minnesota Lake, MN! Perfect for investors and owner-occupants alike. Currently set up as a duplex, home offers two separate living spaces, each with its own entrance, functional layout, and steady rental history. For those wanting a single home, the layout also allows for a simple conversion back to a traditional single-family residence, offering flexibility for future plans and long-term use. The home features 4 bedrooms, 2 bathrooms, and nearly 1,800 square feet of finished space, sitting on a generous corner lot with mature trees and easy access to nearby amenities. Owner is a licensed agent in MN.
Listing Information
Property Type: Multi-family, Duplex - Up & Down
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.20 Acres
Square Feet: 1,785 sq ft
Year Built: 1900
Foundation: 893 sq ft
Stories: 2 Story
Construction: Frame/Wood
Number Of Units Total: 2
County: Faribault
Days On Market: 24
Construction Status: Previously Owned
School Information
District: Maple River #2135
Interior Features
Square Footage above: 1,785 sq ft
Basement: Full, Unfinished, Concrete Block
Additional Interior Features: Mechanicals - Water Heater - Electric
Utilities
Water: City
Sewer: City
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Exterior: Vinyl
Roof: Asphalt Shingles
Lot Dimensions: 66x134
Additional Exterior/Lot Features: Deck, Corner Lot, Road Frontage - City
Unit Information
Unit 1 Actual Rent: 700
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 4
Unit 2 Actual Rent: 700
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 4
Driving Directions
Follow Hwy 22 into Minnesota Lake, turn onto Park St N, and the home is just a block off Main Street
Financial Considerations
Terms: Cash,Conventional,DVA,FHA,Rural Development
Tenant Pays: Cable TV,Electric,Fuel,Snow
Owner Pays: Trash,Water/Sewer
Gross Income: 16800
Tax/Property ID: 282000450
Tax Amount: 2664
Tax Year: 2025
A broker reciprocity listing courtesy: TRUE REAL ESTATE
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the REALTOR® Association of So MN Multiple Listing Service. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the REALTOR® Association of So MN Multiple Listing Service. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 REALTOR® Association of So MN Multiple Listing Service. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 101 N Park Street
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 101 N Park Street
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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