403 2nd Street Nw, Austin, MN

About 403 2nd Street Nw

Units 1 through 4 feature identical layouts with 1 bedroom, 1 bathroom, and 1 bonus room, each rented at $650 monthly. Unit 5 offers a 2-bedroom, 1-bathroom layout with 1 bonus room, currently vacant, rents at $750. There's potential for a 6th unit - a top-floor attic already insulated and ready for customization. The owner covers all utilities and has maintained stable rents for years, offering potential for rent adjustments under new ownership. Managed locally, this property presents a hassle-free investment opportunity. Centrally located in Austin, Minnesota, the property enjoys proximity to modern conveniences. Third level ripe for development—ideal for a personalized owner-occupied space, or additional income. Do not wait, this will not last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity!

Listing Map