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226 3rd Avenue SE

New London, MN 56273

2 beds
2 baths
1,779 sqft
~1/2 acre lot
$98 per sqft
2008 build
– on site

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Investor's Dream! Spacious Corner Lot Property with Duplex Potential. Discover an exceptional investment opportunity in the heart of New London. This spacious corner lot property, set on .48 acres of prime real estate, offers tremendous potential for conversion back into a duplex, maximizing your income potential. Recently refinished basement with new flooring, featuring a full kitchen, a spacious bedroom, and a 3/4 bath. Main Level boasts a large bedroom (with the potential to be split into two rooms), a 3/4 bath, a large laundry room, and a cozy living room. The kitchen area is ready to be reinstalled with just the addition of appliances. Prime New London location, close to downtown and all its amenities, ensuring high desirability and rental demand. This property offers a unique opportunity for investors looking to capitalize on the booming New London real estate market. Don't miss out on the chance to own a versatile property with significant income potential.

Listing courtesy of NORTHSTAR / Jennifer Wolfe / Realty Group Inc.

Last checked: Checking… • Last updated Jul 31, 2024 •

MLS# 6559677 —

The Building

Year Built:

2008
New Construction:

false
Age Of Property:

16
Construction Materials:

Fiber Cement
Roof:

Age Over 8 Years
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

867.0000
Basement:

Block, Drainage System, Finished, Walkout
Basement:

true
Foundation Area:

912
Manufactured Home:

No
Above Grade Finished Area:

912
Below Grade Finished Area:

867

Interior

Fireplace:

false

Room Dimensions

Living Area:

1779

Location

Directions:

Hwy 23 to Cty Rd 40 to home on corner of 3rd and Birch St.
Latitude:

45.296047
Longitude:

-94.940089

The Property

Parcel Number:

602000520
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Corner Lot, Tree Coverage - Medium
Lot Size Area:

0.47
Lot Size Dimensions:

126x97x149x108x44x90
Lot Size SqFt:

20516.76
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3516
Tax With Assessments:

3516.0000

Beds

Bedrooms Total:

2

Baths

Total Baths:

2
Bath Description:

3/4 Basement,Main Floor 3/4 Bath
Three Quarter Baths:

2

Heating & Cooling

Heating:

Forced Air
Cooling:

Window Unit(s)

Utilities

Sewer:

City Sewer/Connected

Appliances

Appliances:

Dryer, Microwave, Range, Refrigerator, Washer

Schools

High School District:

New London-Spicer

The Community

Subdivision Name:

Larson, Adams & Sperrys Add
Association:

false
Assessment Pending:

Yes

Parking

Parking Features:

Concrete

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$140/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
7/31/24 Jul 31, 2024	Sold	NORTHSTAR	$176,000	10.1%
6/30/24 Jun 30, 2024	Pending	NORTHSTAR	$159,900
6/27/24 Jun 27, 2024	Listed / Active	NORTHSTAR	$159,900

House Sold on 7/31/2024

$176,000

Listing provided by broker:

Jennifer Wolfe

Realty Group Inc.

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Listing Courtesy of: NORTHSTAR and Realty Group Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

226 3rd Avenue SE

New London, MN 56273