305 Red River AVE S new Save Request In-Person Tour Request Virtual Tour
Cold Spring,MN 56320
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $76
Subdivision Townsite Of Cold Spring
MLS Listing ID 6771036
Year Built 1920
Annual Tax Amount $1,940
Tax Year 2025
Lot Size 0.260 Acres
Property Sub-Type Duplex Up and Down
Property Description
Duplex Investment Opportunity in the Heart of Cold Spring
This corner-lot duplex offers two separate units—both currently leased on a month-to-month basis—making it an ideal opportunity for investors or owner-occupants. Live in one unit and rent out the other to help offset your cost of living, or continue leasing both for steady income. Zoned C-2 and located at a high-visibility intersection, this property also presents excellent potential for a variety of commercial uses. The stucco-sided building welcomes you with a charming front porch and sits on a lot with moderate tree coverage, offering a balance of privacy and visibility. The main-level unit features two bedrooms, a full bathroom, and convenient main-floor laundry. The upper-level unit includes three bedrooms, a full bathroom, and its own laundry area—perfect for rental income, multigenerational living, or flexible space usage. A detached two-stall garage adds valuable storage or workshop potential. Utilities include a natural gas boiler, a 50-gallon electric water heater, and a 100-amp breaker panel. With current property taxes at just $1,940 annually, this is a smart investment in a growing area. Don't miss your chance to own a versatile, income-generating property in a prime Cold Spring location.
Location
State MN
County Stearns
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Baseboard,Radiant
Exterior
Parking Features Detached,Asphalt,Concrete
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Corner Lot,Many Trees
Story Two
Foundation 1140
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
New Construction false
Schools
School District Rocori