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USAMNVirginiaVirginia501 1St St N
501 1 St St N, Home with 0 bedrooms, 0 bathrooms and null parking in Virginia MN | Image 1
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$94,900

501 1 St St N, Virginia, MN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1418 sqft
Garage No
Taxes $1,182
Days Active 104
Lot Size 
Approx. Age 1904
Avg. Price Per Sqft $66
MLS® Number 6690399

Property Address: 

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

Description

Turnkey Duplex with Strong Cash Flow – 14.7% Cap Rate! This well-maintained property is a solid investment opportunity with excellent returns. The upper unit features a long-term tenant currently paying $860/month, with potential to increase rent for even greater cash flow. Both units are in good condition, offering clean, comfortable living spaces. The building includes a basement with storage and laundry facilities, and has proven to be very low maintenance over time. Similar 2-bedroom units in the area qualify for Section 8 rents of up to $1, 100/month, providing additional income potential. A great addition to any investment portfolio!Show Description
MLS® Number6690399
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1904
BasementPartial, Stone/Rock, Storage Space
DrivewayGravel, Parking Lot
Garage Spaces
HeatBoiler
A/C
Heating Fuel

Extras

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