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Off market
  • Price Unknown

    114 Main St, Elkton, MN 55933

    8beds
    0baths
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Don't miss the chance to be your own boss by investing in this turn-key, hit the ground running, industry by owning your very own multi-family 4-plex in Elkton, MN. This complex is comprised of 4 apartments with a 3bd, 1 bd, 2bd and 2bd, respectively each with a dedicated parking stall and related garage door remote/opener. In addition, each apartment has off-street parking and there is a common area with hallways and related indoor access to coin operated laundry machines. One of the tenants does the snow shoveling and yard work complementing the work done by a contractor for snow removal on the driveways making for a minimal time commitment for the owners! This property has an excellent rental history with virtually no vacancies and strong tenants, one of 15+ years. Annual revenues are north of $30k with free cash flows of $20,211 annually.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0

    Property

    Details
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Major remodel year: 0

    Utilities & green energy

    • Electric: Amps(0)

    Community & neighborhood

    Location
    • Region: Elkton

    Other

    Other facts
    • HeatingYN: true
    • Furnished: Unfurnished
    • YearBuiltEffective: 0
    • CoveredSpaces: 0
    • LandLeaseAmount: 0
    • CommunityFeatures: Laundry
    • TaxAnnualAmount: 0
    • AvailabilityDate: 2021-07-14
    • Electric: Amps(0)
    • MlsStatus: Accepted Offer
    • Available date: 07/14/2021
    Services availability