For Sale: Springfield MLS# 7095297
Active
NEW!
$429,000
Single Family: 2 Stories
3 br • 2 ba • Built 1915
1,193 sqft • 0.162 acres
Springfield schools
MLS# 7095297
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Property Description
Incredible mixeduse opportunity in Springfield, MN! This unique property includes two updated geothermal homes, a 44×88 commercial shop, and three city lots, all sold together as one versatile package. Perfect for investors, business owners, or anyone seeking a live work setup with multiple income streams. The commercial building features a freshly painted brick front, 200 amp electrical, multiple overhead doors, upper storage, and mixed commercial/residential zoning. Ideal for welding, auto work, or rental income. Both homes are updated and energy efficient with geothermal heating/cooling, modern siding, and 1.75 baths. One home is currently rented, providing immediate income. The three city lots offer ample parking, yard space, and future expansion potential. A rare chance to own a turnkey multi property package with exceptional flexibility and value. Property includes two tax parcels and a commercial building that crosses parcel lines. All parcels must be sold together. Property Taxes does not include the 2nd parcel ID Number and lot size.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$429,000
Price per sq ft:
$360
Property Type:
Single Family
City:
Springfield
Garage Spaces:
1
County:
Brown
Year Built:
1915
State:
MN
Property Style:
2 Stories
Zip Code:
56087
Subdivision Name:
Paffrath & Schmid 1st Add
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,193 ft2
Total Fireplaces:
1
Living Area:
1,193 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Dryer
- Electric Water Heater
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener Owned
Fireplace Details:
- Brick
- Living Room
- Wood Burning
Basement Details:
- Full
- Partially Finished
- Storage Space
- Tile Shower
Exterior
Stories:
Two
Garage Spaces:
1
Garage Size:
288 ft2
Air Conditioning:
Geothermal
Foundation Size:
670 ft2
Fencing:
Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Geothermal
Parking Features:
- Asphalt
- Detached Garage
- Garage Door Opener
- Gravel
Road Frontage:
- City Street
- Curbs
- Storm Sewer
- Street Lights
Exterior Material:
- Brick
- Concrete
- Frame
Pool:
None
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Upper Level Full Bath
Dining/Kitchen:
Separate/Formal Dining Room
Laundry:
In Basement
| Second Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 10 x 15 | 150 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Primary Bathroom | 5 x 8 | 40 |
| Second Level | Size | Sq Ft |
|---|---|---|
| Bedroom 3 | — | — |
| Main Level | Size | Sq Ft |
|---|---|---|
| Dining Room | 14 x 15 | 210 |
| Kitchen | 13 x 15 | 195 |
| Living Room | 12 x 17 | 204 |
| Bedroom 2 | 9 x 15 | 135 |
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.162
Geolocation:
44.23662, -94.977891
Lot Dimensions:
0.162
Addl Parcels:
R00319000102020
Zoning:
- Business/Commercial
- Residential-Single Family
Lot Description:
- Corner Lot
- Tree Coverage - Light
Schools
School District:
85
District Phone:
5077234283
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,602
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,602
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Savvy Avenue, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.