$499,000

On 2.31 acres, in the heart of New Ulm, sits an investment waiting to be explored. The 3185 sf single-family house was converted into a 2/2 – 2/2.5 duplex and has been successfully rented for the past years. There are two electric meters and propane tanks, and the units use New Ulm Water Supply water and sewer service. Each side has a carport, fenced back yard, and an outbuilding for storage and washer/dryer hookups. The location is ideal to continue the use of the house as a long-term rental, Airbnb or could easily be converted back into a single-family house. A water well, and extra electric meter are just outside the back fence, if an additional building were to be moved on. This property, with mature trees, rich grasses, and a pond has a location and structure with endless possibilities…