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$ 349,000
Est. payment /mo
Active
605 Main ST Tower, MN 55790
4,467 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,467 sqft
Price per Sqft $78
Subdivision Tower
MLS Listing ID 6805481
Year Built 1982
Annual Tax Amount $1,096
Tax Year 2024
Contingent None
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 150x50
Property Sub-Type Quadruplex
Property Description
Fantastic investment opportunity 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.
Location
State MN
County St. Louis
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Crawl Space
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Gravel, Parking Lot
Roof Type Age 8 Years or Less,Flat,Rubber
Building
Story Two
Foundation 2979
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Cedar,Wood Siding
New Construction false
Schools
School District St. Louis County
Listed by Chessica Olson • Z'Up North Realty, Inc.