577 7th Avenue
Newport, MN 55055
3232 sqft | #6693610
Description
Prime investment opportunity! This well-maintained fourplex features two, two-bedroom units and two, one-bedroom units, all currently occupied, making it a ready-to-go income-generating property. Each unit offers its own deck or patio, providing tenants with private outdoor space. The large lot includes two driveways and a three-car garage, offering ample parking and convenience. Additional income potential with coin-operated laundry on-site. Situated in a desirable location with easy access to highways, shopping, and amenities, this property is an excellent addition to any portfolio.
Property Details
- Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Many Trees
- Lot DescriptionPublic Transit (w/in 6 blks), Corner Lot, Many Trees
- Parking FeaturesDetached, Asphalt, Garage Door Opener
- School DistrictSouth Washington County
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Basement DescriptionFull, Unfinished
- RoofAsphalt, Pitched
- Parcel Number0102722220071
- Property TypeMulti-Family
- SubdivisionNewport Town
- CountyWashington
- Property SubtypeQuadruplex
- HeatingHot Water
- MLS #6693610
- MLS #6693610
- Parking TypeGarage
- Taxes Annual$5,510
- Cost479900
- Square Feet3232
- Year Built1900
- Days on Market (Cumulative)24
- Parking Spaces3
- Basement1
- Basement Finished1
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Geoffrey Serdar (#NST502038326)
Listing Office: Lakes Sotheby's International Realty (#NST26401)
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