403 2nd Street NW Austin, MN 55912
Listing Courtesy of: NORTHSTAR MLS / Coldwell Banker Realty / Mike Wilen - Contact:  612-400-9000

  403 2nd Street NW Austin, MN 55912

Active (757 Days)
$310,000
3,833
SQFT
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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 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!

MLS #:
6629460
Taxes
$2,272(2022)
Lot Size
5,227 SQFT
Type
Multifamily
Year Built
1900
Style
Two
School District
Austin
County
Mower County

Listed By

Mike Wilen, Coldwell Banker Realty, Contact: 612-400-9000
Source
NORTHSTAR MLS
Last checked Dec 23 2024 at 4:40 PM GMT+0000
Bathroom Details
Subdivision
  • Davidson
Heating and Cooling
  • Forced Air
Basement Information
  • Partial
Utility Information
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
Stories
  • 2
Living Area
  • 3,833 sqft
Additional Information: Minneapolis Lakes | 612-400-9000
Location
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Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Minnesota Metro are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo and detailed information about them includes the name of the listing brokers.Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.© 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2022 Coldwell Banker. All Rights Reserved. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Global Luxury and the Coldwell Banker Global Luxury logo are trademarks of Coldwell Banker Real Estate LLC. The Coldwell Banker® System is comprised of company owned offices which are owned by a subsidiary of Realogy Brokerage Group LLC and franchised offices which are independently owned and operated. The Coldwell Banker System fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable, but is not guaranteed.

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