Dan Kaercher

Dan Kaercher

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Closed

$375,000

($47,312 down)
VA

812 12th Street W, Hastings, MN 55033

N/A
N/A
2,340 sqft
PITI Monthly
$2,699.95 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

6.99%
7.15%

Principal & Interest

$2,193 /mo
$2,228 /mo

What's Special

INVESTORS
REMODELED
LOCATION
SHOPPING
SPACIOUS
MODERN
CHARMING
INCOME POTENTIAL
RENTAL INCOME
INVESTMENT OPPORTUNITY

Charming Duplex in Hastings, MN – Fully Remodeled Lower Unit! This beautifully maintained duplex offers an excellent opportunity for homeowners and investors alike. Located in a desirable neighborhood of Hastings, Minnesota, this property features a completely remodeled lower unit with modern finishes, new flooring, updated kitchen appliances, and stylish fixtures throughout. The upper unit is well-kept and perfect for rental income, making it a great investment opportunity. An added bonus is the coin-operated laundry on-site, providing additional income potential. The property also includes an attached 2-car garage for convenient parking and extra storage. Situated close to top-rated schools, scenic parks, and local amenities, this duplex offers both convenience and comfort. Whether you're looking to live in one unit while generating income from the other or expand your rental portfolio, this versatile property is a must-see! Highlights: 2 spacious units (lower unit fully remodeled) Coin-operated laundry for extra income Attached 2-car garage Prime location near schools, parks, and shopping Great potential for rental income Off-street parking and a large backyard Don’t miss out on this perfect blend of comfort, convenience, and investment potential!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.99
Remaining Loan Term
29 years, 3 months
Monthly PITI
$2,699.95/mo
Estimated Loan Balance
$327,970
Cash to close
$47,312
Interest Paid
$17,237

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air
Features
  • Materials: Aluminum Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Age Over 8 Years, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water - In Street
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex Up and Down
  • Architectural Style: Unknown
Materials
  • Aluminum Siding
  • Roof: Age Over 8 Years, Asphalt
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hancock Thomas & Cos Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Hastings

Financial Details

  • Price per Sqft: $160.26
  • Tax Annual Amount: $4288
  • On Market Date: 2025-02-21T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $47,312 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $47,312!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$327,688
Your Cash$47,312
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$2,193/mo
Traditional @ 7.5%
$2,311/mo
You save $119/month ($1,423/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6644855

Listing From: northstar

Last updated: 2025-03-25T16:17:03.000Z

© , northstar. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.99%
7.15%

Principal & Interest

$2,193 /mo
$2,228 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $47,312 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $47,312!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$327,688
Your Cash$47,312
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$2,193/mo
Traditional @ 7.5%
$2,311/mo
You save $119/month ($1,423/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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