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  • $287,000

    208 Chestnut Ave, Carlton, MN 55718

    5beds
    4baths
    2,320sqft
    Quadruplex
    Built in 1920
    -- sqft lot
    $291,500 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    Rare opportunity to own Multi Family Investment Property In Carlton MN! Located in the heart of Carlton, MN this Leased Fourplex offers a fantastic opportunity for investors looking to generate $42k+/yr in rental income. With it being well over the 1% rule, this property offers great cash flow potential and is perfect for both seasoned and first-time investors.

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 01:04pm

    Listed by:

    Kaylee Bergstrom 218-750-4362,

    Heirloom Realty, LLC,

    Neal Jacobi 715-892-6325,

    Heirloom Realty, LLC

    Bought with:

    Amy Spampinato, MN 40284359|WI 76307-94

    RE/MAX Professionals - Duluth

    Source: Lake Superior Area Realtors,MLS#: 6116532MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Natural Gas, Electric
    Appliances
    • Included: Unit 1(Range/Stove, Refrigerator), Unit 2(Range/Stove, Refrigerator), Unit 3(Range/Stove, Refrigerator), Unit 4(Range/Stove, Refrigerator)
    • Laundry: Shared, Main Floor Laundry
    Features
    • Basement: N/A,None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,528
    • Total interior livable area: 2,320 sqft
    • Finished area above ground: 2,320
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None, None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 1,306 sqft
    • Dimensions: 56x25
    Details
    • Foundation area: 1400
    • Parcel number: 150101080

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Frame/Wood, Metal
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: Minnesota Power
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Carlton

    HOA & financial

    Other financial information
    • Total actual rent: 3475
    Services availability
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    An equal housing lender. NMLS #10287.