403 2nd Street Austin, MN 55912
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!
- Property TypeMulti-Family
- NeighborhoodDavidson
- CountyMower
- Taxes$2,272
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID Number6523307
- Home Size Source N/A
- Year Built1900
- Lot Size0.12 Acres
- Full Baths1
- Partial BathsN/A
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General Features
- Construction Metal SidingWood Siding
- Basement Partial
- Number of Stories 2
- Property Sub Type Quadruplex
- Garage Spaces 0
- Contingency None
- Sewer City Sewer/ Connected
- Water City Water/ Connected
Interior Features
- Heating Forced Air
Exterior Features
- Construction Details Metal SidingWood Siding