334 E 7th Street, Red Wing, MN 55066 - MLS# 7158436
$209,900
Welcome to this low-maintenance home, extensively renovated from the studs up including major systems such as electrical, plumbing, and a mini-split cooling system. All renovations were completed with permits, offering added peace of mind. Low-maintenance exterior improvements feature new gutters and a brand-new poured concrete patio and sidewalk, perfect for enjoying the outdoor space. Siding, windows and roof also in new condition replaced by previous owner. Currently operated as a short-term rental generating monthly income, this property offers flexibility- make it your personal home or continue using it as an investment opportunity. Don't miss out on this cozy, move-in ready home in a convenient location to downtown--low maintenance and truly turnkey.
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Upper Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 62% of occupied homes are owner-occupied, and the average commute is 16 minutes.
Cost of Ownership
Median home value
$230,200
Lower than the Twin Cities metro
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$2,297/yr
Lower than the Twin Cities metro
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,525/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$496/mo
Lower than the Twin Cities metro
Median monthly housing costs for owners without a mortgage.
Median rent
$1,031/mo
Lower than the Twin Cities metro
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
62%
Lower than Twin Cities metro overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Twin Cities metro
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1970-19797%
- 1950-19597%
- 1939 or earlier63%
Types of homes
The share of housing units in each building type.
- Single-family detached62%
- 2-4 units29%
- 5+ units7%
Getting Around
Average commute
16 min
Lower than the Twin Cities metro
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone66%
- Carpool16%
Homes with broadband
95%
Similar than Twin Cities metro overall
The share of households with a broadband internet subscription.
