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$275,000
Est. payment /mo
8 Beds
4 Baths
3,456 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $79
Subdivision Underwood
MLS Listing ID 6713002
Style (MF) Four Plex
Bedrooms 8
Year Built 1976
Annual Tax Amount $3,034
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 50x150
Property Description
This well-maintained investment property offers strong cash flow, minimal upkeep, and a proven rental history. A fantastic opportunity for first-time investors or a valuable addition to any portfolio, the building features four fully occupied 2-bedroom, 1-bath apartments.
Each unit includes a dedicated garage, with tenants covering electricity costs—including heat—for added efficiency. Additional amenities include a shared coin-operated laundry and expansive grounds for tenant enjoyment.
Ideally situated just one block from an excellent school, this property provides quiet small-town living with easy access to city conveniences. A short drive connects residents to shopping, employment, and entertainment options, making this a highly desirable rental location.
Each unit includes a dedicated garage, with tenants covering electricity costs—including heat—for added efficiency. Additional amenities include a shared coin-operated laundry and expansive grounds for tenant enjoyment.
Ideally situated just one block from an excellent school, this property provides quiet small-town living with easy access to city conveniences. A short drive connects residents to shopping, employment, and entertainment options, making this a highly desirable rental location.
Location
State MN
County Otter Tail
Community Underwood
Rooms
Basement Daylight/Lookout Windows
Interior
Heating Baseboard
Laundry Laundry Room
Exterior
Parking Features Detached Garage
Garage Spaces 4.0
Roof Type Asphalt Shingles
Accessibility None
Total Parking Spaces 4
Building
Water City Water/Connected
Architectural Style (MF) Four Plex
Others
Senior Community No
Tax ID 80000990085000
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Listed by Trilogy Real Estate
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