Active
403 2nd Street NW
Austin MN, 55912
$310,000
$80.88 per sqft
Active
3,833 sqft
Multi-family
Built in 1900
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!
6523307
MLSⓇ ID
April 22, 2024
Listed
April 24, 2024
Updated
Map
403 2nd Street NW
Austin MN, 55912
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.12 Acres
Sewer
City Sewer/Connected
School Information
School District
Austin
Other Property Details
Taxes
$2,272
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Mower
Water Source
City Water/Connected
Pool
No
Buyer Agency Compensation
2.7%
Courtesy of Coldwell Banker Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 5:09 AM UTC, 4/24/2024