1110 Fairwater Road, Altura, MN 55910

Property Description

Looking for a southeast Minnesota property that is already set up to generate income? This recently renovated 3-bedroom, 1-bath home in downtown Elba is currently operating as an Airbnb, giving a buyer the option to keep it running from day one. Elba sits in the heart of Winona County’s bluff country, tucked into the Whitewater River valley. The home is located right next to the city park, and Whitewater State Park is just a few minutes down the road. That location is what draws guests here year-round. Spring and summer bring trout anglers, hikers, campers and families heading to the swimming beach. Fall brings leaf color, bowhunters and deer hunters heading to the surrounding public land in the Whitewater Wildlife Management Area. Winter brings snowshoers, cross-country skiers and folks looking for a quiet getaway in the valley. The Whitewater River and its tributaries are designated trout streams, and the surrounding bluffs and hardwoods hold turkeys and whitetails. The renovation work has been completed, so a new owner can skip the project phase. The home offers three bedrooms and one full bathroom, with over 1400 sq ft of living space. For an investor, this property offers an established short-term rental in a destination area with steady visitor traffic. The property also works well for a buyer who wants a personal getaway close to the outdoors. Use it for your own fishing trips and hunting weekends, and rent it out the rest of the year to help offset ownership costs. It can also serve as a full-time residence for someone who wants small-town living with quick access to trout water and public hunting ground in southeast Minnesota. Elba is approximately 3 miles from Whitewater State Park, 11 miles from St. Charles, 13 miles from Plainview, 33 miles from Rochester and 35 miles from Winona, putting shopping, dining and services within an easy drive.