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$199,000
Est. payment /mo
5 Beds
4 Baths
1,674 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,674 sqft
Price per Sqft $118
Subdivision 1St Add
MLS Listing ID 7046334
Bedrooms 5
Year Built 1918
Annual Tax Amount $2,752
Tax Year 2025
Contingent None
Lot Size 7,492 Sqft
Lot Dimensions 100x150
Property Sub-Type Triplex
Property Description
Cash flow in the country! This fully occupied triplex in Motley offers a strong start—or addition—to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There's also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250.
The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.
The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.
Location
State MN
County Morrison
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Attached Garage
Garage Spaces 3.0
Building
Story Two
Foundation 1674
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Staples-Motley
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Listed by Michael Moe • Keller Williams Classic Rlty NW
NEARBY SCHOOLS & PROPERTIES
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