For Sale: Stillwater MLS# 7164143
Active
NEW!
$895,000
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1898
2,238 sqft • 0.3 acres
Stillwater schools
MLS# 7164143
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Property Description
Perched above Main Street with beautiful river views, this charming duplex—lovingly known as The Main Street Hideaway—is not your average rental property. Professionally renovated from top to bottom with quality, high-end finishes, it has been thoughtfully maintained and is full of character. Each unit offers 2 bedrooms, 1 bath, laundry, and an open-air porch overlooking Main Street and the St. Croix River. The approximately 1/3-acre lot offers additional possibilities, including potential for a three-car garage with a dwelling unit above (Buyer to verify with City). Owned by the Seller since 1998, the property has been used over the years for short-, mid-, and long-term rentals; Buyer to confirm current permitting and allowable uses with the City. A unique opportunity for investment, owner occupancy, or a downtown Stillwater lifestyle without the confines of condo living—all the fun, convenience, and charm of Stillwater are right outside your door!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$895,000
Price per sq ft:
$400
Property Type:
Multi-family
City:
Stillwater
Garage Spaces:
0
County:
Washington
Year Built:
1898
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55082
Subdivision Name:
Stillwater
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
2,238 ft2
Living Area:
2,238 ft2
Refrigerators:
Two
Basement Details:
- Block
- Other
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,119 ft2
Fencing:
Chain Link, Partial
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Asphalt
Shared Amenities:
Patio
Roof Details:
- Asphalt
- Flat
- Pitched
- Rubber
Rooms
Laundry:
- In Unit
- Laundry Closet
- Main Level
- Upper Level
Lake & Waterfront
Waterfront Present:
N
Waterfront View:
City Lights, East, River
Waterfront:
River View
Lot & Land
Acres:
0.3
Geolocation:
45.061288, -92.807287
Lot Dimensions:
Irregular
Zoning:
Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
834
District Phone:
6513518301
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,157
Annual Fuel Expense:
$1,157
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
$518
Annual Water/Sewer Expense:
$798
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$5,503
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,506
Income
Annual Gross Income:
$43,400
Rent
Annual Net Income:
$39,769
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.