Property Listing
Description
Fully renovated 5-unit multifamily investment opportunity offering immediate cash flow, plus a separate single-family home for a total of 6 units. The multifamily building has been thoughtfully reimagined with modern upgrades and strong income stability. Unit mix includes one 3BR/1.5BA open-concept unit, three 2BR/1BA units, and one 1BR/1BA with balcony access. Extensive renovations include new flooring, updated wiring, new electrical systems, and new plumbing throughout. Mechanical improvements feature five new HVAC systems and four on-demand water heaters. Each unit has its own breaker box and is separately metered. Unit 6 is a 4BR/1.5BA single-family home with original character, abundant storage, and a tuck-under garage. All units are occupied with leases in place, creating a turnkey investment with long-term value.
Property Information
Status: Active
Sub Type: ********
List Price: $800,000
MLS#: 7062999
Current Price: $800,000
Address: 510 5th Street, Jackson, MN 56143
City: Jackson
State: MN
Postal Code: 56143
Geo Lat: 43.622026
Geo Lon: -94.990212
Subdivision: Original Town-Jackson
County: Jackson
Property Description
Year Built: 1961
Lot Size SqFt: 4791.6
Gen Tax: 1132
Specials Inst: 54
High School: Jackson County Central
Square Ft. Source:
Above Grade Finished Area:
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Total SqFt.: ********
Style: ********
Total Bedrooms: 10
Total Bathrooms: 6
Total Full Baths: ********
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building
Exterior Amenities:
Heat System:
Air Conditioning:
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