Property Listing
Description
Incredible turnkey multi-family investment or owner-occupied rental! This beautifully converted property features 3 separate apartment units generating over $2,500/month in steady, reliable cash flow. The versatile layout has a spacious 2-bedroom, 1-bathroom unit upstairs (Unit C), and two separate 1-bedroom, 1-bathroom units downstairs (Units A & B). Every unit boasts its own kitchen, bathroom, and dedicated water heater for maximum tenant convenience. Enjoy ultimate peace of mind with long-term, government-assisted tenants already in place. All units have been fully inspected and passed HRA compliance, guaranteed monthly income directly to you. Looking to house-hack? Move into the upstairs 2-bedroom unit and let the two downstairs units generate monthly income! Additional features include a massive detached 2-car garage. Could be used for owner storage or renting out to tenants for additional residual income—and a beautiful, fully fenced backyard. It could also be used as a large single-family home? This property can easily be converted back into a spacious 5-bedroom residence. Don’t miss out on this high-yield property!
Property Information
Status: Active
Sub Type: ********
List Price: $189,900
MLS#: 7083729
Current Price: $189,900
Address: 201 5th Street N, Grove City, MN 56243
City: Grove City
State: MN
Postal Code: 56243
Geo Lat: 45.151351
Geo Lon: -94.685621
Subdivision: T C Lawsons Sub
County: Meeker
Property Description
Year Built: 1918
Lot Size SqFt: 33105.6
Gen Tax: 2752
Specials Inst: 0
High School: A.C.G.C.
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3156
Style: Array
Total Bedrooms: 4
Total Bathrooms: 3
Total Full Baths: 3
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: