602 3rd Street N, Princeton, MN 55371
$299,000
Property Type:
Multi-Family
Bedrooms:
5
Baths:
3
Square Footage:
4,221
Lot Size (sq. ft.):
23,522
Status:
Active
Current Price:
$299,000
List Date:
2/26/2026
Last Modified:
7/10/2026
Overview
Description
Listing Details MLS# 7024363
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1920
- Yearly/Seasonal
- Yearly
- Main Floor Total SqFt
- 1653
- Above Ground SqFt
- 2568
- Below Grd Total SqFt
- 1653
- Total SqFt
- 4221
- Foundation Size
- 1653
- Style
- (MF) Duplex Up and Down
- Total Finished Sqft
- 2568.00
- Lot Dimensions
- 115' x 206'
- Acres
- 0.54
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
None
Assumable Loan:
Not Assumable
Basement:
Unfinished
Construction Status:
Previously Owned
Existing Financing:
Conventional
Exterior:
Vinyl
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
Laundry:
In Unit
Owner Pays:
Gas; Insurance; Taxes; Water
Sellers Terms:
Cash; Conventional
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity; Trash Collection
Unit 1 Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Cooling:
None
Unit 2 Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Cooling:
None
Water:
City Water/Connected
Contract Information
- Contingency
- Inspection
- Original List Price
- 310000
- ListPrice
- 299000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 602
- Street Name
- 3rd
- Street Suffix
- Street
- Street Direction Suffix
- N
- Postal City
- Princeton
- County
- Mille Lacs
- State
- MN
- Zip Code
- 55371
- Complex/Dev/Subdivision
- Princeton - Original Townsite
Assessments
- Assessment Installment
- 606.04
- Tax With Assessments
- 2918
- Assessment Balance
- 0
Building Information
- Finished SqFt Above Ground
- 2568
More Information
Income and Expenses
- Annual Caretaker Expense
- 1200
- Annual Fuel Expense
- 1800
- Annual Gross Expenses
- 13630
- Annual Gross Income
- 41400
- Annual Insurance Expense
- 3500
- Annual Net Income
- 27770
- Annual Repair Expense
- 3312
- Annual Water/Sewer Expense
- 900
- Total Annual Expenses
- 13630
- Annual Electric Expense
- 0
- Annual Maintenance Expense
- 0
- Annual Trash Expense
- 0
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 26
- Section#
- 33
- Township#
- 36
Unit 1
- Furnished?
- No
- Leased?
- No
- Level
- Main Level
- Unit Number
- Yes
- Annual Rent
- 25800
- Finished SqFt
- 1653
- Full Baths
- 2
- Monthly Expense
- 284
- Monthly Rent
- 2150
- No. of Units Like This
- Yes
- Total Baths
- 2
- Total Bedrooms
- 3
- Total Rooms
- 9
Unit 2
- Furnished?
- No
- Lease Expiration Date
- 2026-08-31
- Leased?
- Yes
- Level
- 2nd Level
- Unit Number
- 2
- Annual Rent
- 13800
- Finished SqFt
- 915
- Full Baths
- Yes
- Monthly Expense
- 284
- Monthly Rent
- 1150
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 5
Unit Details
- Total Units
- 2
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- PRINCETON - ORIGINAL TOWNSITE E 1/2 OF LOTS 1, 2, & 3 BLK 21 & S 1/2 OF VAC ALLEY ADJ & W 1/2 OF VAC 6TH AV N ADJ
- Listing City
- Princeton
- Map Page
- 227
- Municipality
- Princeton
- School District
- Princeton
- School District Phone
- 763-389-2422
- Zip Plus 4
- 1045
- Property ID Number
- 240400870
- Tax Year
- 2025
- Tax Amount
- 2311.96
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Up/down duplex in Princeton. Renovated interior. New vinyl siding. 3 BR / 2 BA main floor unit. 2 BR / 1 BA 2nd floor unit. Separate electricity. Forced air furnace. Main floor unit could be divided into two units.
- Directions
- Go East on 95 for 1.2 miles off Hwy 169. At the traffic circle, take the 1st exit onto Rum River Dr. Turn right onto S 3rd Street. Destination will be on the right.
Accessible
- None
- Yes
Assumable Loan
- Not Assumable
- Yes
Basement
- Unfinished
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Conventional
- Yes
Exterior
- Vinyl
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Laundry
- In Unit
- Yes
Owner Pays
- Gas
- Yes
- Insurance
- Yes
- Taxes
- Yes
- Water
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Tenant Pays
- Electricity
- Yes
- Trash Collection
- Yes
Unit 1 Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Unit 1 Cooling
- None
- Yes
Unit 2 Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Unit 2 Cooling
- None
- Yes
Listing Office:
Wits Realty
Last Updated: July - 10 - 2026
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