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1110 Fairwater Road, Altura, MN 55910

$269,500
  • 1110 Fairwater Road, Altura, MN 55910 Main Photo

45 Photos

New to the Market Active
BEDS3 BATHS1 full SQUARE FEET1,820 MLS#7164414
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLSt. Charles

Property Description

Looking for a southeast Minnesota property that is already set up to generate income? This recently renovated 3-bedroom, 1-bath home in downtown Elba is currently operating as an Airbnb, giving a buyer the option to keep it running from day one. Elba sits in the heart of Winona County's bluff country, tucked into the Whitewater River valley. The home is located right next to the city park, and Whitewater State Park is just a few minutes down the road. That location is what draws guests here year-round. Spring and summer bring trout anglers, hikers, campers and families heading to the swimming beach. Fall brings leaf color, bowhunters and deer hunters heading to the surrounding public land in the Whitewater Wildlife Management Area. Winter brings snowshoers, cross-country skiers and folks looking for a quiet getaway in the valley. The Whitewater River and its tributaries are designated trout streams, and the surrounding bluffs and hardwoods hold turkeys and whitetails. The renovation work has been completed, so a new owner can skip the project phase. The home offers three bedrooms and one full bathroom, with over 1400 sq ft of living space. For an investor, this property offers an established short-term rental in a destination area with steady visitor traffic. The property also works well for a buyer who wants a personal getaway close to the outdoors. Use it for your own fishing trips and hunting weekends, and rent it out the rest of the year to help offset ownership costs. It can also serve as a full-time residence for someone who wants small-town living with quick access to trout water and public hunting ground in southeast Minnesota. Elba is approximately 3 miles from Whitewater State Park, 11 miles from St. Charles, 13 miles from Plainview, 33 miles from Rochester and 35 miles from Winona, putting shopping, dining and services within an easy drive.

1110 Fairwater Road | MLS# 7164414

This single family home located at 1110 Fairwater Road, Altura, MN 55910 is currently listed for sale with an asking price of $269,500. This property was built in 1873 and has 3 bedrooms and 1 full baths with 1820 sq. ft. Fairwater Road is located within the St. Charles school district. Search Altura real estate on www.homesbyjoel.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Unfinished
Cooling: Window Unit(s)
Fireplaces: 1
Fuel Type: Propane
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $1,072
Year Built: 1873

Feature Descriptions

Bathrooms Full: 1
Days on Site: 5
Down Payment Resource: Yes
Foundation Size: 392
Parcel#: 230000910
Parking: On-Street Parking Only
Sewer: Private Sewer
SQ FT Total: 1820
Water: City Water/Connected

Local Schools

School District: St. Charles

Listed By / Shown By

Listed By

Agency Name: Whitetail Properties Real Estate
Agency Phone: 217-285-9000

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimated Payment

$ 767.73 per month $599.79 Principal & Interest $89.33 Property Tax $78.60 Homeowner's Insurance

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