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309 5th Avenue Nw, New Prague, MN 56071

New - 10 Hours Ago

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Listed By

Agency Name: South Metro Realty
Agency Phone: 612-812-8362

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Excellent investment opportunity in New Prague! This well-maintained 4-plex features four 2-bedroom, 1-bath units with strong rental history and recently renewed one-year leases, providing immediate and stable cash flow for the new owner. Each unit offers its own laundry room, deck or patio, and separately metered utilities. Major updates include newer roof, siding, and windows, helping minimize future maintenance expenses. The property also features a large parking lot and attractive outdoor living spaces for tenants. Whether you're a seasoned investor or looking to add your first multifamily property to your portfolio, this turnkey investment offers reliable income and long-term potential in the growing New Prague market. Schedule your showing today!

309 5th Avenue Nw | MLS# 7087349

This multi-family property located at 309 5th Avenue Nw, New Prague, MN 56071 is currently listed for sale with an asking price of $649,900. 5th Avenue Nw is located within the New Prague Area Schools school district. Search New Prague real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Baseboard
Lot Size: 0.39 Acres
Taxes: $5,580
Year Built: 1976

Feature Descriptions

Foundation Size: 1938
Lot: Corner Lot, Tree Coverage - Light
Lot Dimensions: 113x150
Owners Expense: Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Water
Parcel#: 240050210
Parking: Gravel, Parking Lot
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 4
Water: City Water/Connected

Local Schools

School District: New Prague Area Schools

Estimate Your Payment

Estimated Payment

$ 4,113.59 per month $3,459.04 Principal & Interest $465.00 Property Tax $189.55 Homeowner's Insurance

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