403 2nd Street Northwest
$310,000
—
3,833
3,833
$81
Description
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...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!
- Listed by Coldwell Banker Realty • Mike Wilen
Property Details for 403 2nd Street Northwest
Subdivision Name
Davidson
LISTING UPDATED: 11/12/2024 05:04 AM
Property Details for 403 2nd Street Northwest
Status | Active |
---|---|
MLS # | 6629460 |
Days on Compass | 38 |
Taxes | $2,272 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Quadruplex |
Year Built | 1900 |
Lot Size | 0.12 AC / 5,227 SF |
County | Mower County |
Building Information for 403 2nd Street Northwest
Stories-Residences4Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF
Property Information for 403 2nd Street Northwest
Property History for 403 2nd Street Northwest
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 403 2nd Street Northwest
Taxable ValueLand$12,200Additions$193,700Total$205,900
Tax Record2024$2,424 ($202 / month)
Home Facts
Beds7Total Finished SqFt3,833 SqFtAbove Grade Finished SqFt3,833 SqFtStories2Lot Size5,358 SqFtStyleSingle Family ResidenceYear Built1900CountyMOWERAPN34.185.1030
Schools near 403 2nd Street Northwest
This home is within Austin Public School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 4 | |||
Public - | 5 to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sumner Elementary School Public1 to 4 | ||
I.J. Holton Intermediate School Public5 to 6 | ||
Ellis Middle School Public7 to 8 | ||
Austin Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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