5-Plex for sale with many recent updates featuring Five Large 2-Bedroom Units generating $3,790 in monthly income with a solid history of long term tenants & few vacancies. Brand New $45,000 Roof in 2021 & parking lot. Most units have been updated over the past 4 years with flooring, paint, some fixtures, and appliances. The 4 above ground units rent for $800 a month and pay their own electric/heat, basement unit rents for $500 a month with owner paying all utilities. Owner pays garbage, water, sewer, basement unit utilities and common areas. Each of the three separate garage stalls rent for $30 a month. Owner owns the coin washer/dryer set for around $400-$500 in additional income annually. Great location close to Downtown and SCSU. Tenants will enjoy the fenced in backyard with firepit, adequate off street parking, onsite washer/dryer and full basement for storage. Ideal turn-key investment property in good condition with solid tenants for immediate cash flow.
Listed by: Central MN Realty LLC
TALK WITH AN AGENT & SCHEDULE A SHOWING
Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
