Average square foot calculated using Size range provided by listing agent.
Description
Awesome real estate investment opportunity! This 4-plex is situated right across from Mayo Clinic Health System and features an ideal unit mix. 821 unit is a studio leased for $635/mo. 823 unit is a 1-bdrm leased for $635/mo. 1205 unit is a 1-bdrm leased for $700/mo. And 1207 unit is a vacant 3-bdrm previously leased for $950/mo. With some minor cosmetic updates, rents can be increased! Each unit features a sprawling layout, high ceilings and access to ample off-street parking. Water heater was replaced in 2025, roof was replaced in 2017 and furnace was replaced in 2010. Landlord pays for heat, hot water & water & sewer. Tenants pay electricity and cooking gas. This multi-unit property can be a great start or addition to your real estate investment portfolio!Show Description