221 Laurel Street W, Stillwater, MN

About 221 Laurel Street W

Great opportunity to own an investment property in Stillwater, near Pioneer Park and downtown. This property would also work for an owner-occupied duplex. Each unit is spacious with 3 bedrooms, 1 bathroom, a porch a garage stall and storage. There is a shared laundry area in the basement with secure entrances from each apartment. There are separate furnaces for each apartment to control heating and cooling with separate ductwork. The house is historic with tall ceilings, generous rooms, and inviting spaces. The windows have been replaced and the house has been updated. The apartment on the 2nd level is month-to-month with 60 days' notice to the current tenant. The main level tenant has a lease for a year. There is a two-car garage and paved driveway off 5th Street N. The garage provides parking and storage for one car for each apartment. There is a Home Warranty in place through the end of 2025 and is transferable to the new owner. Great location, walking distance to downtown Stillwater, and Pioneer Park is close by. There is a beautiful walking path through the ravine alongside a stream nearby. This property offers great potential for income or could eventually be converted into a single-family home with excellent living spaces.

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