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150 2nd Avenue Sw, Elgin, MN 55932

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Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-226-7700

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvementsinclude a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs.Situated on a desirable corner lot directly across from the school, park, and ball fields, this propertyoffers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!

150 2nd Avenue Sw | MLS# 7093939

This multi-family property located at 150 2nd Avenue Sw, Elgin, MN 55932 is currently listed for sale with an asking price of $349,900. 2nd Avenue Sw is located within the Plainview-Elgin-Millville school district. Search Elgin real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Walkout
Basement: Yes
Heating: Baseboard, Boiler
Lot Size: 0.28 Acres
Roof Type: Age 8 Years or Less
Taxes: $5,186
Year Built: 1979

Feature Descriptions

Days on Site: 4
Foundation Size: 1776
Lot: Tree Coverage - Light
Lot Dimensions: 82x150
Owners Expense: Common Area Maintenance, Exterior Maintenance, Fuel, Grounds Care, Heat, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Water
Parcel#: R190025300
Parking: Gravel, Parking Lot
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Telephone
Units: 4
Water: City Water/Connected

Local Schools

School District: Plainview-Elgin-Millville

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Estimated Payment

$ 2,396.54 per month $1,862.31 Principal & Interest $432.17 Property Tax $102.05 Homeowner's Insurance

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