BEDS0
BATHS
SQUARE FEET4,464
MLS#7046763
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONTower
SCHOOLSt. Louis
Property Description
Turn-key 4-plex in the heart of Tower, MN just one block from Lake Vermilion. Great opportunity for owner-occupants or investors. Property features four 2-bedroom, 1-bath units, all separately metered for electricity with tenants paying electric.Currently rented at $1,000/month per unit on month-to-month leases, providing immediate income with flexibility for future rent adjustments. Strong cash-flow potential.Located in a desirable recreation area with close access to boating, fishing, snowmobile and ATV trails right out your door. Historic building with updates throughout. There is a commercial lot that can be purchased next to this property together or separate.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Heating: Boiler
Lot Size: 0.16 Acres
Taxes: $758
Year Built: 1982
Feature Descriptions
Days on Site: 10
Exterior: Block, Concrete, Frame
Foundation Size: 2979
Lot Dimensions: 140x50
Owners Expense: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Water
Parcel#: 080001003420
Parking: Gravel, Off Site, On-Street Parking Only
Sewer: City Sewer - In Street
Tenant Expenses: Cable TV, Electricity, Telephone, Trash Collection
Units: 4
Water: City Water - In Street
Local Schools
School District: St. Louis
Listed By / Shown By
Listed By
Agency Name: Anchor Realty
Agency Phone: 612-501-2878
Shown By
Agent Name: Andrea Ness
Agent Phone: (218) 281-7451
Agency Title: LeBlanc Realty
Estimate Your Payment
Estimated Payment
$ 893.60 per month $734.21 Principal & Interest $63.17 Property Tax $96.22 Homeowner's Insurance
605 Main Street | MLS# 7046763
This multi-family property located at 605 Main Street, Tower, MN 55790 is currently listed for sale with an asking price of $329,900. Main Street is located within the St. Louis school district. Search Tower real estate on ness.leblancrealty.com today.