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400 N Jefferson Street , New Ulm, MN 56073

$200,000
SQUARE FEET 1,650
MLS# 7172043
  • 400 N Jefferson Street , New Ulm, MN 56073 Main Photo

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STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: North Of Center
SCHOOL: New Ulm

Property Description

This fully occupied triplex presents an exceptional opportunity for both seasoned investors and buyerslooking to add a high performing asset to their portfolio. The property features three spacious 1bedroom, 1 bathroom units occupied by reliable, long term tenants who treat the home with care.Significant capital expenditures have already been taken care of, starting with major exterior and structural updates including a new concrete driveway installed in 2024, along with a freshly poured sidewalk, front steps, and a welcoming porch completed in 2026. Owners also benefit from a full basement offering extensive storage space currently used for building maintenance supplies. Each unit offers its own distinct appeal and updates. Unit 1 underwent a top to bottom remodel in 2019, featuring all new electrical, plumbing, insulation, windows, custom window blinds, cabinetry, flooring, and convenient in unit laundry. Unit 2 received a light remodel in 2022 that included brand new carpet throughout and a kitchen uplift. Unit 3 rounds out the building as a cozy, well maintained upstairs 1 bedroom apartment that provides a comfortable layout and steady return. With stable rental income in place from day one and major improvements already complete, this property delivers incredible ease of ownership. Contact us today to schedule your private showing!

400 N Jefferson Street | MLS# 7172043

This multi-family property located at 400 N Jefferson Street , New Ulm, MN 56073 is currently listed for sale with an asking price of $200,000. N Jefferson Street is located within the New Ulm school district. Search New Ulm real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Owner Access
Heating: Forced Air
Lot Size: 0.09 Acres
Taxes: $1,114
Year Built: 1900

Feature Descriptions

Days on Site: 2
Foundation Size: 1100
Lot Dimensions: 82x50
Parcel#: 00100114614140
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected

Local Schools

School District: New Ulm

Listed By / Shown By

Listed By

Agency Name: Keller Williams Preferred Rlty
Agency Phone: 952-746-9696

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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Estimated Payment

$ 1,215.65 per month $1,064.48 Principal & Interest $92.83 Property Tax $58.33 Homeowner's Insurance

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