403 2nd ST NW, Austin, MN 55912 - MLS#6629460 - Brandon Anderson

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$310,000

Est. payment - /mo

3,833 SqFt

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UPDATED:

11/12/2024 11:04 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,833 sqft

Price per Sqft $80

Subdivision Davidson

MLS Listing ID 6629460

Year Built 1900

Annual Tax Amount $2,272

Tax Year 2022

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 53x101

Property Description

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!

Location

State MN

County Mower

Rooms

Basement Partial

Interior

Heating Forced Air

Fireplace No

Building

Story Two

Foundation 1916

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Metal Siding,Wood Siding

New Construction false

Schools

School District Austin

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Listed by Mike Wilen • Coldwell Banker Realty

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683