403 2nd Street Nw, Austin

$310,000

0 Bed
0 Bath
3,833 Sqft
.12 Acre
0 Garage

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 developmentā€”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!

Essential Information
MLS® #6523307
Price$310,000
Bathrooms0.00
Square Footage3,833
Acres0.12
Year Built1900
TypeResidential Income
Sub-TypeQuadruplex
StyleQuadruplex
StatusActive
Community Information
Address403 2nd Street Nw
SubdivisionDavidson
CityAustin
CountyMower
StateMN
Zip Code55912
Interior
HeatingForced Air
Exterior
ConstructionMetal Siding, Wood Siding
School Information
DistrictAustin
Additional Information
Days on Market13
Listing Details
OfficeColdwell Banker Realty
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Listing information last updated on May 6th, 2024 at 4:20am CDT.