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Property Description
INVESTMENT OPPORTUNITY! Looking to expand your real estate portfolio? This fully occupied 4-plex offers an excellent opportunity to invest in a multi-family property! Featuring three 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property boasts a 100% occupancy rate and the convenience of in-unit laundry in every apartment. Additional highlights include two 2-stall garages, along with a New roof on both the building and garages! Both lower-level apartments (Units 1 and 4) have undergone kitchen renovations. A centralized utility room houses the boiler, water heaters, and water softener. The property also recently passed its city rental inspection in August, meeting the new HUD NSPIRE inspection criteria model requirements, with approval good for the next four years. With full occupancy, recent improvements, and desirable amenities, this property is a great addition to any investment portfolio! See supplements for apartment layouts.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 4
Heating: Boiler
Lot Size: 0.90 Acres
Roof Type: Age 8 Years or Less
Taxes: $5,872
Year Built: 1966
Feature Descriptions
Exterior: Frame
Foundation Size: 1900
Lot: Tree Coverage - Light
Lot Dimensions: 299x152x299x152
Owners Expense: Heat, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
Parcel#: 631591100
Parking: Detached Garage
Road Frontage: City Street, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Local Schools
School District: Alexandria
Listed By / Shown By
Listed By
Agency Name: Central MN Realty LLC
Agency Phone: 320-363-4363
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 3,689.36 per month $3,033.78 Principal & Interest $489.33 Property Tax $166.25 Homeowner's InsuranceChange Payment Information
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1229-1231 Jefferson Street | MLS# 7160511
This multi-family property located at 1229-1231 Jefferson Street, Alexandria, MN 56308 is currently listed for sale with an asking price of $570,000. 1229-1231 Jefferson Street is located within the Alexandria school district. Search Alexandria real estate on www.counselorrealty.com today.