Presented By
Listed By
Agency Name: Counselor Realty Inc of Alex
Agency Phone: (320) 808-0162
Agent Name: Kris Telkamp
Co-Listed By
Agency Name: Counselor Realty Inc of Alex
Agent Name: Bridget Telkamp
Agency Phone: (701) 680-0166
Property Description
Duplex investment opportunity in the heart of Alexandria! Situated on a large corner lot, this property includes a 3-car garage and solid income potential. Both units are fully leased, generating immediate cash flow?upper unit rents for $1,200/month and the main floor unit for $1,250/month, totaling $29,400 annually.Each unit offers approximately 1,440 sq. ft. of living space with functional layouts that appeal to long-term tenants. The property features vinyl siding, new roof in 2024, newer windows, and updated furnaces, along with shared laundry in the rear entry.While the property could benefit from some cosmetic updates, it presents a great opportunity for investors to build equity and increase rental income over time. Owner currently pays utilities.
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322 5th Avenue E, Alexandria, MN 56308
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$ 1,471.95 per month $1,170.40 Principal & Interest $237.42 Property Tax $64.14 Homeowner's InsuranceChange Payment Information
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322 5th Avenue E, Alexandria, MN 56308
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322 5th Avenue E | MLS# 7060763
This multi-family property located at 322 5th Avenue E, Alexandria, MN 56308 is currently listed for sale by Counselor Realty Inc of Alex, with an asking price of $219,900. 5th Avenue E is located within the Alexandria school district. Search Alexandria real estate on www.counselorrealty.com today.