For Sale: Austin MLS# 7031608
Active
NEW!
$240,000
Multi-family: 2 Stories
4 br • 4 ba • Built 1900
2,408 sqft • 0.19 acres
MLS# 7031608
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Property Description
Four-plex located in quiet SW neighborhood. Good investment opportunity with positive cash flow.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$240,000
Price per sq ft:
$100
Property Type:
Multi-family
City:
Austin
Garage Spaces:
0
County:
Mower
Year Built:
1900
State:
MN
Property Style:
2 Stories
Zip Code:
55912
Subdivision Name:
Orchard Park 2nd
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
2,408 ft2
Living Area:
2,408 ft2
Refrigerators:
Four
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,208 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Gravity
Parking Features:
- Gravel
- On-Street Parking Only
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
City Street
Exterior Material:
- Frame
- Stone
Roof Details:
- Age Over 8 Years
- Asphalt
Rooms
Laundry:
In Basement
Lot & Land
Acres:
0.19
Geolocation:
43.661313, -92.985196
Lot Dimensions:
62.4 x 135.18
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
1825
District Phone:
5074601900
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$4,200
Annual Maintenance Expense:
None
Annual Trash Expense:
$960
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,196
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,196
Income
Annual Gross Income:
$31,648
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$13,922
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Aleres, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.