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!
Active
$310,000
403 2nd St NW, Austin, MN 55912
4beds
4baths
3,833sqft
Est.:
Quadruplex
Built in 1900
-- sqft lot
$-- Zestimate®
$81/sqft
$-- HOA
What's special
- 166 days
- on Zillow |
- 176 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: November 12, 2024 at 03:04am
Listed by:
Wilen Real Estate 612-400-9000,
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6629460

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: Partial
Interior area
- Total structure area: 3,833
- Total interior livable area: 3,833 sqft
- Finished area above ground: 3,833
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 53 x 101
Details
- Foundation area: 1916
- Parcel number: 341851030
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Metal Siding, Wood Siding
Condition
- Age of Property: 124
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Davidson
Location
- Region: Austin
Financial & listing details
- Price per square foot: $81/sqft
- Annual tax amount: $2,272
- Date on market: 11/11/2024
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