505 N 6th ST Pending

Marshall,MN 56258

$ 85000

- Bed

- Bath

2288 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $37

Subdivision Eastmans Add

MLS Listing ID 6596064

Year Built 1950

Annual Tax Amount $1,264

Tax Year 2024

Contingent None

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions Irregular

Property Description

This 4-plex offers a fantastic opportunity for investors looking to add value. This property consists of four units: two spacious two-bedroom units and two cozy one-bedroom units. While the property is in need of some work, it presents an excellent chance to renovate and increase its market value.
Each unit features a functional layout. The two-bedroom units are ideal for small families or roommates, while the one-bedroom units are perfect for singles or couples. With some strategic updates, these units have great potential for attracting tenants and generating rental income.
Investors can take advantage of the current market conditions to create a high-yield asset with a bit of vision and elbow grease. Don’t miss out on this chance to transform a fixer-upper into a profitable investment!

Location

State MN

County Lyon

Rooms

Basement Slab

Interior

Heating Other

Fireplace No

Exterior

Roof Type Age Over 8 Years,Asphalt

Building

Story One and One Half

Foundation 2288

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

Structure Type Vinyl Siding

New Construction false

Schools

School District Marshall

View More
Favorite Go Tour