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
Contingent None
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 68x165x67x166
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
Rooms
Basement Block,Full,Storage Space,Unfinished
Interior
Heating Baseboard,Radiant
Fireplace No
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
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Rocori