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CHESSICA REICHERT-OLSON

(763) 257-5080

Address

TOWER MN 55790

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  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street
  • 605 Main Street

$349,000

605 Main Street, Tower, MN 55790

  • Bedrooms

    8

  • Bathrooms

    4

  • Sq.Ft.

    4,467

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Property Description

Fantastic investment opportunity you can go FHA live in one and rent the others great income opportunity or first investment in the heart of Tower, just one block from Lake Vermilion. Fully leased 4-plex with four 2-bed, 1-bath units. Each unit has been updated with newer windows, paint, flooring, and upgraded PEX plumbing. Newer boiler system provides efficient heat. Property is well maintained and cash flowing. Includes an additional vacant lot with extra storage sheds already there offering excellent potential for future expansion, garages, or another multi-use build. Great location close to downtown, marina, and local amenities. Live in one unit and rent the rest or keep as a solid income-producing property. Inspection has already been done on the property and will be shared with future buyer.

Overview

Property Status
For Sale
Lot Size
0.4 Acres
MLS ID
6805481
Property Type
Multi-Family
Year Built
1982

Features & Amenities

Neighborhood
Lake Vermillion
Stories
2
Water Source
City Water/Connected
Roof
Age 8 Years or Less, Flat, Rubber
Parking
Gravel, Parking Lot
Heat Type
Boiler
Laundry Room
None
Sewer
City Sewer/Connected
Disability Features
None
School District
St. Louis County
Sales Price
$349,000
Real Estate Tax
$1,096/yr

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605 Main Street

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    (763) 257-5080
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    Chessica Reichert-Olson

    (763) 257-5080

    TOWER MN 55790

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    Chessica Reichert-Olson

    (763) 257-5080

    TOWER MN 55790