401 N Broadway Street Spring Valley, MN ^$ 169,000

401 N Broadway Street

^$ 169,000

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401 N Broadway Street

Spring Valley, MN, 55975

^$ 169,000

Bedrooms4 Baths3.0 Sq 2,697

Monthly Estimate*

^$ 1,181

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Multi-Family Home for sale in Spring Valley, MN

for $169,000 with 4 bedrooms and 3 full baths. This 2,697 square foot home was built in 1885 on a lot size of 0.49.

Home or investment opportunity. 3-unit multi-family property with newer roof and vinyl siding. Live in one unit and use rents to help offset your mortgage! Or keep all 3 units rented for a great investment. Unit 1 leased thru Feb 2025 at $725. Unit 2 - long term tenant at $450 month. Unit 3 at $495. Tenants pay all utilities. Central location in town, close to shopping and restaurants.

Multi-Family Active

Price

^$ 169,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,972

Style

Triplex

Lot Size

0.49

Year Built

1885

Town/City

Spring Valley

County/Region

Fillmore

MLS | Web ID

6512481

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Garage Spaces 1

Construction Materials Vinyl Siding

Year Built 1885

Electric Circuit Breakers 100 Amp Service

Tenant Pays All Utilities Cable TV Electricity Fuel Sewer Trash Collection

Levels One and One Half

Property SubType Triplex

Tax Year 2023

Gross Income 0

Accessibility None

County Fillmore

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

Subdivision Name Steffens & Edwards Add

Directions Hwy 63 to Spring Valley. Located 1 block north of Kwik Trip on Broadway.

City Spring Valley

Buyer Agent Compensation 3.00

High School District Kingsland

Zoning Description Residential-Multi-Family

Total Units 3

Street Name Broadway

Land Lease Y/N N

Tax Annual Amount 2972

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 8

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Stone/Rock

Basement (Y/N) Y

Above Grade Finished Area 2697

Street Suffix Street

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 168

Exterior

Lot Features Irregular Lot

Water Source City Water/Connected

Lot Size Area 0.49

Lot Dimensions Irregular

Lot Size Units Acres

Foundation Area 1597

Internal Only

Street Number 1 401

* Excluded Features

List By

Coldwell Banker River Valley, Realtors

Broker

homes@lynnfranko.com

Affordability Calculator

$1,428

Per Month

Monthly Principal & Interest: $1,181
Monthly Property Taxes: $248
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Spring Valley, MN

Average List Price ^$169,000

Percent of Sale Price 0%

About Spring Valley, MN

2,413 Population

-5% Since 2002

^$48,533 Median Income

41.37 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2485350 Elementary School

2485372 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$169,000		Listed Price

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401 N Broadway Street, Spring Valley, MN, 55975 is a Multi-Family Home for sale at $169,000 with 2,697 sqft and a lot size of 0.49. 401 N Broadway Street has 4 bedrooms, 3.0 baths, and was built in 1885. The property's zip code is 55975 which is in Spring Valley, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is 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.

Data is updated as of 5/1/2024.

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401 N Broadway Street

Multi-Family Home for sale in Spring Valley, MN

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