403 2nd Street Northwest

Austin, MN 55912

$310,000
Price
Beds
3,833 Sq. Ft.
$81 / Sq. Ft.
3,833
Sq. Ft.
$81
per Sq. Ft.

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!
  1. 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

StatusActive
MLS #6629460
Days on Compass38
Taxes$2,272 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyMower 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

Summary
Location and General Information
  • City Name: Austin
  • County Or Parish: Mower
  • County: Mower-MN
  • Directions: From I-35W S and I-35 S to US-218 S in Owatonna Township. Take the US-218 S exit from US-14 E, Follow US-218 S to 2nd St NW in Austin.
  • Latitude: 43.669219
  • Longitude: -92.977446
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Austin
  • City and Location Text: Austin(MN)
  • Postal Code: 55912
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 341851030
  • Tax Annual Amount: $2,272.00
  • Tax Legal Description: DAVIDSON 34185 010 026
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 2272.0000
School Information
  • High School District: 492 - Austin
  • School District Number: 492
  • School District Phone: 507-460-1900
Property
Lot Information
  • Above Grade Fin SQFT: 3833.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3833.0
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 53x101
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1916.0000
  • Building Area Total: 3833.0
  • Above Grade SqFt Total: 3833.0000
  • Below Grade SqFt Total: 0.0000
Property and Assessments
  • Age Of Property: 124
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1916.0
  • Fuel: Natural Gas
Interior Features
  • Basement Type: Partial
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Cable,Custom Cabinetry,City View,French Doors,Open Floorplan,Other,Paneled Doors,Porch,Panoramic View,Security Lights,Tile Floors
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 4
  • Unit SqFt: 0
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 4
  • Dining Room Description: Other
  • Unit Type Total Rent: 0

Property History for 403 2nd Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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403 2nd Street Northwest is a multi-family home for sale in Austin, MN 55912. This property was listed for sale on November 11, 2024 by Coldwell Banker Realty, it's currently listed at $310,000. It has been on the market for a total of 38 days and was last sold on December 23, 2008. This listing's school district is Austin Public School District. Nearby schools include Sumner Elementary School, I.J. Holton Intermediate School and Ellis Middle School. 403 2nd Street Northwest is a 0-bed, 0-bath, 3,833 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 11/12/2024 05:04 AM