400 S Main Street , Pine Island, MN 55963

$275,000
  • 400 S Main Street , Pine Island, MN 55963 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,182 MLS#7113128
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAuditors SCHOOLPine Island

Property Description

The property is an up/down duplex located just south of downtown Pine Island, providing convenient access to Main Street and local amenities. Two- to four-unit opportunities remain limited in southeast Minnesota, and this duplex has demonstrated a strong rental history with minimal vacancy over the past 15 years under current ownership. The main-floor unit offers four bedrooms along with a remodeled kitchen, updated LVP flooring, new appliances, and a new furnace, while the upper unit includes three bedrooms. Both units feature in-unit laundry. Exterior elements include a detached one-car garage, a large covered front porch, and a rear concrete patio. The combination of unit size, recent updates, and long-term rental performance makes this property a practical option for both investors and owner-occupants seeking additional income potential.

400 S Main Street | MLS# 7113128

This multi-family property located at 400 S Main Street , Pine Island, MN 55963 is currently listed for sale with an asking price of $275,000. S Main Street is located within the Pine Island school district. Search Pine Island real estate on ness.leblancrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial, Sump Pump, Unfinished
Basement: Yes
Garage: 1
Heating: Forced Air
Lot Size: 0.19 Acres
Taxes: $4,664
Year Built: 1900

Feature Descriptions

Foundation Size: 392
Lot Dimensions: 66'x124'
Parcel#: 682800011
Parking: Detached Garage, Gravel
Road Frontage: City Street, Sidewalks
Sewer: City Sewer/Connected, City Sewer - In Street
Tenant Expenses: All Utilities
Units: 2
Water: City Water/Connected, City Water - In Street

Local Schools

School District: Pine Island

Listed By / Shown By

Listed By

Agency Name: RE/MAX Results
Agency Phone: 612-314-1520

Shown By

Agent Name: Andrea Ness
Agent Phone: (218) 281-7451
Agency Title: LeBlanc Realty

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Estimated Payment

$ 1,080.91 per month $612.03 Principal & Interest $388.67 Property Tax $80.21 Homeowner's Insurance

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