921 N Payne Street, New Ulm, MN 56073
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921 N Payne Street, New Ulm, MN 56073
921 N Payne Street, New Ulm, MN 56073
921 N Payne Street, New Ulm, MN 56073
921 N Payne Street, New Ulm, MN 56073
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921 N Payne Street New Ulm, MN 56073

4 Beds

2 Baths

2,436 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,436 sqft

Price per Sqft $123

Subdivision Mn

MLS Listing ID 7040391

Style SF Single Family

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

Construction Status Previously Owned

Abv Grd Liv Area 1,218

Total Fin. Sqft 2282

Year Built 1964

Annual Tax Amount $2,732

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type Single Family

Property Description

Welcome to 921 N Payne Street in New Ulm! This spacious 4 bedroom, 2 bathroom home offers over 2,300 finished square feet along with a unique opportunity for both homeowners and investors alike. The main level features comfortable everyday living with fresh paint updates throughout the kitchen, dining room, living room, and bedroom spaces, creating a bright and inviting feel from the moment you walk in. The home also features durable steel siding for added curb appeal and low-maintenance exterior living. Downstairs, the home truly stands out with a licensed lower-level rental setup complete with its own kitchenette, living room, bedroom with newly added egress window, 3/4 bathroom, and walkout access. Whether you're looking to offset your mortgage through rental income, create a private space for multigenerational living, or expand your investment portfolio, this flexible layout opens the door to multiple possibilities. The basement also features an additional bonus room that could be converted into a 5th bedroom, used as an indoor workshop, home gym, office, or provide valuable extra storage space depending on your needs. Additional updates include a new kitchen faucet, added basement screen door, and exterior paint improvements. The attached 2-stall garage, functional layout, and established neighborhood location make this property an attractive option for owner-occupants and investors alike. Homes with income-producing potential like this are hard to find in New Ulm. Schedule your showing today!

Location

State MN

County Brown County

Area New Ulm/Hanska/Lafayette/Courtland

Direction N

Rooms

Basement Egress Windows, Finished, Walkout

Dining Room Formal Dining Room

Interior

Heating Forced Air

Cooling Central

Fireplace No

Appliance Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer

Exterior

Exterior Feature Metal

Parking Features Detached

Garage Description Detached

Amenities Available Broadband Available, Ceiling Fans, Garage Door Opener, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)

Roof Type Asphalt Shingles

Building

Lot Description Tree Coverage - Medium

Story 1 Story

Foundation 1218

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District New Ulm #88

Others

Energy Description Natural Gas

Acceptable Financing Cash, Conventional, DVA, FHA

Listing Terms Cash, Conventional, DVA, FHA


Listed by Keller Williams Preferred Realty

NEARBY SCHOOLS & PROPERTIES

Christa Wolner

Christa Wolner

Broker | License ID: 40391876

+1(507) 327-6300

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921 N Payne Street