For Sale: Austin MLS# 6629460
Active
$310,000
Multi-family: Four Plex
Built 1900
3,833 sqft • 0.12 acres
Austin schools
MLS# 6629460
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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 developmentâ??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!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$310,000
Price per sq ft:
$81
Property Type:
Multi-family
City:
Austin
Garage Spaces:
0
County:
Mower
Year Built:
1900
State:
MN
Property Style:
Four Plex
Zip Code:
55912
Subdivision Name:
Davidson
Interior
Finished Area:
3,833 ft2
Living Area:
3,833 ft2
Basement Details:
Partial
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,916 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Exterior Material:
- Metal Siding
- Wood Siding
Lot & Land
Acres:
0.12
Geolocation:
43.669219, -92.977446
Lot Dimensions:
53 x 101
Schools
School District:
492
District Phone:
507-460-1900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$2,272
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,272
Income
Annual Gross Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.