423 Litchfield Avenue SE, Willmar, MN 56201

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423 Litchfield Avenue SE Willmar, MN 56201

For Sale MLS# 6495964

4 beds 3 baths 1,907 sq ft Multi-family



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Data current as of 18/07/2024 13:22:12

Details for 423 Litchfield Avenue SE

MLS# 6495964

Description for 423 Litchfield Avenue SE, Willmar, MN, 56201

This duplex is situated on the southeast side of Willmar and offers a unique combination of residential and investment potential. The property consists of two units: A spacious 3-bedroom residence on the upper level and a convenient studio Airbnb on the lower level. Additionally, the property is located in an opportunity zone, which can offer potential tax benefits and incentives for investors. Opportunity Zones are designated areas that aim to stimulate economic development and job creation. Investors in these zones may be eligible for certain tax advantages, contributing to the overall attractiveness of the property for those looking to make a real estate investment.

Listing Information

Property Type: Multi-family, Duplex Up and Down

Status: Active

Bedrooms: 4

Bathrooms: 3

Lot Size: 0.16 Acres

Square Feet: 1,907 sq ft

Year Built: 1922

Foundation: 808 sq ft

Stories: 1.5 Stories

Subdivision: Paulson & Sundes Sub Of Eastern Ad

Number Of Units Total: 2

County: Kandiyohi

Days On Market: 143

Construction Status: Previously Owned

School Information

District: 347 - Willmar

Interior Features

Square Footage above: 1,211 sq ft

Square Footage below: 696 sq ft

Basement: Concrete Block


Water: City Water/Connected

Sewer: City Sewer/Connected

Heating: Propane, Boiler

Exterior / Lot Features

Exterior: Vinyl

Roof: Age Over 8 Years

Lot Dimensions: 50x137

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Tree Coverage - Medium, Road Frontage - City, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer

Unit Information

Unit 1 Units Total: 1

Unit 1 Actual Rent: 850

Unit 1 Baths Total: 2

Unit 1 Beds Total: 3

Unit 1 Rooms Total: 10

Unit 2 Units Total: 1

Unit 2 Actual Rent: 975

Unit 2 Baths Total: 1

Unit 2 Beds Total: 1

Unit 2 Rooms Total: 2

Driving Directions

From Hwy 23 head west on Hwy 12 and the duplex will be on your right at the sign.

Financial Considerations

Other Annual Tax: $1,450

Tenant Pays: Trash

Owner Pays: Electric,Fuel,Lawn,Maintenance/Repair,Snow,Taxes,Water/Sewer

Gross Income: 21900

Expense: 6500

Tax/Property ID: 956300840

Tax Amount: 1450

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes

$169,999 Original Price
$169,999 Current Price
$0 Total Change
Date Price Change
02/28/2024 04.17 PM $169,999
Property price
Down payment
Interest rate
Loan term
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HOA dues
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 423 Litchfield Avenue SE

Schools in attendance boundaries Grades Distance Rating

Schools nearby Grades Distance Rating

Data powered by ATTOM Data Solutions. Copyright© 2024. 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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