403 2nd Street NW
Austin, MN 55912
3833 sqft | #6629460
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!
Property Details
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Property TypeMulti-Family
- HeatingForced Air
- Property SubtypeQuadruplex
- Parcel Number341851030
- SubdivisionDavidson
- Basement DescriptionPartial
- MLS #6629460
- MLS #6629460
- School DistrictAustin
- Taxes Annual$2,272
- Cost310000
- CountyMower
- Square Feet3833
- Year Built1900
- Days on Market (Cumulative)749
- Basement1
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Mike Wilen (#NST502026306)
Listing Office: Coldwell Banker Realty (#NST5116)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
