921 N Payne ST, New Ulm, MN 56073
921 N Payne ST, New Ulm, MN 56073
921 N Payne ST, New Ulm, MN 56073
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$299,900
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4 Beds
2 Baths
2,282 SqFt
New

921 N Payne ST New Ulm, MN 56073

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Team Steady

Team Steady

+1(952) 607-7436

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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,282 sqft

Price per Sqft $131

Subdivision North Of Center

MLS Listing ID 7079613

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

Year Built 1964

Annual Tax Amount $2,732

Tax Year 2026

Contingent None

Lot Size 8,276 Sqft

Lot Dimensions 165x50

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

Zoning Residential-Single Family

Rooms

Basement Block, Egress Window(s), Finished, Full, Single Tenant Access, Storage/Locker, Walkout

Dining Room Separate/Formal Dining Room

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Laundry In Basement

Exterior

Parking Features Detached Garage

Garage Spaces 2.0

Roof Type Age Over 8 Years

Building

Lot Description Tree Coverage - Medium

Story One

Foundation 1218

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Frame

New Construction false

Schools

School District New Ulm

Listed by James Leasure • Keller Williams Preferred Rlty

NEARBY SCHOOL & BUSINESS

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Team Steady

Team Steady

+1(952) 607-7436

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921 N Payne ST

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