See all 32 photos
32 photos
Additional details
$349,000
Est. payment /mo
8 Beds
4 Baths
4,467 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,467 sqft
Price per Sqft $78
Subdivision Tower
MLS Listing ID 6805481
Bedrooms 8
Year Built 1982
Annual Tax Amount $1,096
Tax Year 2024
Contingent None
Lot Size 17494.999 Acres
Acres 17495.0
Lot Dimensions 150x50
Property Sub-Type Quadruplex
Property Description
Fantastic investment opportunity you can go FHA live in one and rent the others great income opportunity or first investment in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.
Location
State MN
County St. Louis
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Crawl Space
Interior
Heating Boiler
Fireplace No
Laundry None
Exterior
Parking Features Gravel, Parking Lot
Roof Type Age 8 Years or Less,Flat,Rubber
Building
Story Two
Foundation 2979
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District St. Louis County
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Listed by Chessica Olson • Z'Up North Realty, Inc.
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