495 W 1st ST Rush City, MN 55069
4 Beds
3 Baths
1,823 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Other
Listing Status Active
Purchase Type For Sale
Square Footage 1,823 sqft
Price per Sqft $175
MLS Listing ID 7152024
Bedrooms 4
Year Built 1948
Annual Tax Amount $2,609
Tax Year 2026
Contingent None
Lot Size 0.430 Acres
Lot Dimensions 125x150x126x150
Property Sub-Type Duplex Other
Property Description
income!
A charming property in the heart of Rush City, offering a unique opportunity to
own a home with an attached, income-producing rental apartment generating $1,000 per
month through an existing County HRA housing contract—that's $12,000 annually! This
dependable and established rental income could help offset your mortgage payment, reduce
monthly housing expenses, and make homeownership more affordable.
The main residence is a charming 1.5-story home featuring 2 bedrooms and 1 bathroom, with
the potential for convenient living. The inviting, open layout offers comfortable living space and
plenty of opportunity to personalize the home to your taste. A connecting breezeway adds to the
property's distinctive layout.
The attached rental apartment features its own private entrance, kitchen, bathroom,
bedroom, living room and laundry area) providing a separate, self-contained living space with
privacy and independence from the main residence. Currently occupied by a tenant under a
Section 8 housing arrangement, the apartment generates $1,000 per month in rental income. The
existing County HRA (Housing and Redevelopment Authority) rental arrangement can
continue with a new owner, subject to applicable program requirements, providing an
attractive opportunity to receive rental income while living in the main residence.
Several updates have already been completed in the main residence, including 13 new energy-
efficient, argon-filled, double-pane replacement windows, providing improved insulation,
comfort, and potential heating-cost savings. Fresh interior paint gives the home a welcoming
appearance and a great head start for future decorating.
Location adds even more appeal! Situated in the heart of Rush City, the property is within
walking distance of downtown, the city water park, and local schools and sporting events.
Convenient freeway access makes commuting to work and surrounding communities easy.
Whether you're looking for a comfortable personal residence with supplemental rental income,
an investment opportunity, or a property with room to build equity, this Rush City home offers
an attractive combination of affordability, flexibility, and income potential.
Enjoy living in the main residence while receiving $12,000 annually in rental income from
the attached apartment under the existing Section 8 housing arrangement!
Location
State MN
County Chisago
Zoning Residential-Multi-Family
Rooms
Basement Block, Unfinished
Interior
Heating Boiler
Fireplace No
Laundry Electric Dryer Hookup, Main Level
Exterior
Parking Features Attached Garage, Asphalt, Garage Door Opener
Garage Spaces 2.0
Fence None
Pool None
Roof Type Age Over 8 Years
Building
Lot Description Tree Coverage - Medium
Story One and One Half
Foundation 1224
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Block,Frame
New Construction false
Schools
School District Rush City
Others
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