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$155,000   Price Analysis
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320 Augusta Ave
Willmar, MN 56201
4 bed 2 bath 2,312 SqFt ($67/SqFt)
0.26 acre lot. Built 1890
Listed 2024-02-17, Taxes $2,226
USDA Eligible
near Willmar, MN
 Restrictions may apply
due to home size

Opportunity knocks with this fantastic 2-unit duplex!

Imagine living in one unit while the other helps pay your mortgage or renting out both for a exceptional investment. The building is currently under professional management, both units and garages are already leased, providing immediate income.

The large corner lot provides plenty of outdoor space for tenants to enjoy and the locaton is unbeatable - close to restaurants, grocery stores and all the shopping you could want. Don't miss out on this chance to secure your financial future with a smart investment.


Presented by Scott Stormo at
Stormo Property Management.
Listing Agent Photo

Property MLS #6490669 from NorthstarMLS

Bedrooms: 4

Basement Features: Partial

Full Bathrooms: 2

Heating Features: Baseboard
Heating Fuel: Electric

Wood
Road Frontage Type: City
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Corner Lot
Lot Size Acres: 0.257
Lot Size Dimensions: 75x150
Lot Size Square Feet: 11195

Garage Spaces: 2
Parking Features: Detached Garage, Driveway - Concrete
Garage Dimensions: 20 x 22
Garage Sqft: 440

Association: No
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 500.00

Gross Income: 21476.62

Number of Units: 2

School District: 347 - Willmar

Willmar Middle School is a public middle school located approximately 0.2 miles away.
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Lakeland Elementary School is a public elementary school located approximately 1 miles away.
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Willmar Senior High School is a public high school located approximately 3.1 miles away.
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Community Christian School is a private elementary, middle and high school located approximately 1.3 miles away.
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Annual Tax Amount: 2226.00
Source Listing Status: Active
County: Kandiyohi
Directions: US-12 West to Lakeland Dr SE and Olena Ave SE to Augusta Ave SE
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 1547.64
Source Neighborhood: Glarums Add To Willmar
Owner Pays: Insurance, Lawn, Maintenance/Repair, Snow, Taxes
Parcel Number: 952501110
Subdivision: Glarums Add To Willmar
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$112,500 + $15,600
$128,100
$2,226
2022$69,400 + $20,800
$90,200
$1,640
2021$54,700 + $20,800
$75,500
$1,370
2020$54,800 + $20,800
$75,600
$1,372
2019$49,000 + $20,800
$69,800
$1,276
2018$49,700 + $20,800
$70,500
$1,262
2017$49,600 + $20,800
$70,400
$1,292
2016$49,600 + $20,800
$70,400
$1,228
2015$49,700 + $20,800
$70,500
$1,088
2014$53,200 + $20,800
$74,000
$1,188
2013$57,400 + $20,800
$78,200
$1,368
2012$62,600 + $20,800
$83,400
$1,486

Price Changed 2024-07-19
$155,000
NorthstarMLS
Price Changed 2024-06-04
$175,000
NorthstarMLS
Price Changed 2024-04-12
$195,000
NorthstarMLS
Price Changed 2024-03-20
$200,000
NorthstarMLS
Listed 2024-02-17
$225,000
NorthstarMLS
Sold 2019-07-23
$50,000
NorthstarMLS

Operating Expense: 2047.64

Total Square Feet Living: 2312
Above Grade Finished Area: 2312
Construction Materials: Frame
Foundation Area: 1156.00
Property Age: 134
Property Condition: Previously Owned
Roof: Asphalt Shingles
Levels or Stories: 2
Total Above Grade Sqft Area: 2312.00
Total Area Main: 1156.00

Electric: Circuit Breakers
Sewer: City Sewer - In Street, City Sewer/Connected
Water Source: City Water - In Street, City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.