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Units 1 through 4 feature identical layouts with 1 bedroom, 1 bathroom, and 1 bonus room, each rented at $650 monthly. Unit 5 offers a 2-bedroom, 1-bathroom layout with 1 bonus room, currently vacant, rents at $750. There's potential for a 6th unit - a top-floor attic already insulated and ready for customization. The owner covers all utilities and has maintained stable rents for years, offering potential for rent adjustments under new ownership. Managed locally, this property presents a hassle-free investment opportunity. Centrally located in Austin, Minnesota, the property enjoys proximity to modern conveniences. Third level ripe for development"”ideal for a personalized owner-occupied space, or additional income. Do not wait, this will not last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity!
Property Type(s):
Multi Family
| Tract | Davidson | Year Built | 1900 |
|---|---|---|---|
| County | Mower |
SCHOOLS
| School District | Austin |
|---|
Additional Details
| BASEMENT | Partial, Yes |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2.70 |
| CONSTRUCTION | Metal Siding, Wood Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 53x101 |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Davidson |
| TAXES | 2272 |
| WATER | Public |
Listed with Coldwell Banker Realty
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed.
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