Home › 707 & 709 N 2nd Street, Montevideo, MN 56265 (MLS# 6749751)

707 & 709 N 2nd Street, Montevideo, MN 56265 (MLS# 6749751)

$165,000
707 & 709 N 2nd Street
Montevideo, MN 56265
MLS# 6749751
Status: Closed
4 beds  |  2 baths  |  3100 sqft
707 & 709 N 2nd Street, Montevideo, MN 56265
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707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265 707 & 709 N 2nd Street, Montevideo, MN 56265

Property Description
Opportunity knocks for those looking to either invest in real estate to earn their own equity, or why not live in one unit and rent the other? Or turn into a short term rental VRBO? This 2 unit duplex continues to hold its beauty with its early 20th Century stout woodwork throughout. The units mirror each other in layout, while one does have newer flooring, the other maintains its original hardwood floors. Call for a showing! A minimum of a 48 hour notice is required for showings.

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2025-09-30
Contingency: None
Current Price: 148000
Closed Date: 2025-09-29
Original List Price: 165000
ListPrice: 165000
Sales Close Price: 148000
List Date: 2025-07-03
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1914
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 4
Baths Total: 2
Main Floor Total SqFt: 1050
Above Ground SqFt: 2050
Below Grd Total SqFt: 1050
Total SqFt: 3100
Foundation Size: 1152
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2050.00
Power Company: Xcel Energy
Lot Dimensions: 50x120
Acres: 0.13
Assessment Pending: No
Location Tax and Other Information
House Number: 707 & 709
Street Direction Prefix: N
Street Name: 2nd
Street Suffix: Street
Postal City: Montevideo
County: Chippewa
State: MN
Zip Code: 56265
Complex/Dev/Subdivision: Nelsons 2nd Add
Assessments
Assessment Balance: 156.67
Tax With Assessments: 2636
Basement
Foundation Dimensions: 32X36
Building Information
Finished SqFt Above Ground: 2050
Income and Expenses
Annual Caretaker Expense: 1800
Annual Gross Expenses: 8600
Annual Gross Income: 20400
Annual Insurance Expense: 2800
Annual Maintenance Expense: 500
Annual Net Income: 11800
Annual Repair Expense: 1000
Total Annual Expenses: 8600
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: WCAR
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Unit 1
Furnished?: No
Lease Expiration Date: 2025-07-31
Leased?: Yes
Unit Number: 1
Annual Rent: 10200
Finished SqFt: 1025
Full Baths: 1
Monthly Expense: 358
Monthly Rent: 850
No. of Units Like This: 2
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit Details
Total Units: 2
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Concrete Block; Unfinished
Construction Materials: Frame
Construction Status: Previously Owned
Electric: Circuit Breakers
Existing Financing: Conventional
Exterior: Vinyl
Fencing: None
Financing Terms: Conventional
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable; DSL
Laundry: Electric Dryer Hookup; In Basement; Washer Hookup
Lock Box Type: Combo
Pool Description: None
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Contract for Deed; Conventional
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: All Utilities
Unit 1 Amenities: Natural Woodwork
Unit 1 Appliances: Dryer; Range; Refrigerator; Washer
Unit 1 Bath Description: Upper Level Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Separate/Formal Dining Rm
Water: City Water/Connected

Listing Office: Weichert REALTORS Tower Properties

Last Updated: October - 01 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 1st of October 2026 12:47 PM

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