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USAMNAustinYates & Lewis1110 W Oakland Ave
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$350,000

1110 W Oakland Ave, Austin, MN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2208 sqft
Garage Yes
Taxes $2,328
Days Active 47
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $158
MLS® Number 6714558

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This is your chance to own a fully leased, income generating triplex on high-visibility Oakland Ave., one of the busiest and best located streets in Austin, MN. With strong current rents totaling $3800/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine from day one. The building features 3 units - one fully renovated 1 bed/1 bath (previously an office, brand new inside), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid, with one locked in for two years. Recent updates include a new roof (under 6 months old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multifamily investing, this property delivers stable income, location appeal, and future upside.Show Description
MLS® Number6714558
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementBlock, Crawl Space, Concrete
DrivewayDetached
Garage Spaces
HeatForced Air
A/C
Heating Fuel

Extras

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