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Key Details
Sold Price $78,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $34
Subdivision Eastmans Add
MLS Listing ID 6596064
Sold Date 11/14/24
Year Built 1950
Annual Tax Amount $1,264
Tax Year 2024
Contingent None
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions Irregular
Property Description
This 4-plex offers a fantastic opportunity for investors looking to add value. This property consists of four units: two spacious two-bedroom units and two cozy one-bedroom units. While the property is in need of some work, it presents an excellent chance to renovate and increase its market value.
Each unit features a functional layout. The two-bedroom units are ideal for small families or roommates, while the one-bedroom units are perfect for singles or couples. With some strategic updates, these units have great potential for attracting tenants and generating rental income.
Investors can take advantage of the current market conditions to create a high-yield asset with a bit of vision and elbow grease. Don’t miss out on this chance to transform a fixer-upper into a profitable investment!
Location
State MN
County Lyon
Rooms
Basement Slab
Interior
Heating Other
Fireplace No
Exterior
Roof Type Age Over 8 Years,Asphalt
Building
Story One and One Half
Foundation 2288
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Vinyl Siding
New Construction false
Schools
School District Marshall
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