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.
Details
| MLS # | 7046334 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 187 |
| Listing Provided By | Keller Williams Classic Rlty NW | Michael Moe |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 1,674 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.17 |
Interior
| Heating | Forced Air |
|---|
Parking
| Parking Features | Attached Garage |
|---|
Taxes
| Property | 2752 |
|---|
Area Information
| State | MN |
|---|---|
| County | Morrison |
| City | Motley |
| Zip Code | 56466 |
| Community Name | 1st Add |
| School District | 2170 |
| High School | Staples-Motley |
| Listing VS Median (in 1st Add) | |
Price: $179,900 low | high Med: $399,000 sqft: 1,674 low | high Med: 2,622 $ / sqft: $107 low | high Med: $152 On site: 187 low | high Med: 53 | |
Market Activity 56466
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Morrison |
| City | Motley |
| Zip Code | 56466 |
| Community Name | 1st Add |
| School District | 2170 |
| High School | Staples-Motley |
| Listing VS Median (in 1st Add) | |
Price: $179,900 low | high Med: $399,000 sqft: 1,674 low | high Med: 2,622 $ / sqft: $107 low | high Med: $152 On site: 187 low | high Med: 53 | |