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Description

Exceptional investment opportunity with this fully renovated fourplex situated on approximately 1.5 acres in a desirable single-family neighborhood. As the only multifamily property in the area, this unique offering provides strong appeal for both investors and tenants. Currently operating as successful mid-term furnished rentals, each of the four units features 2 bedrooms, 1 updated bathroom, approximately 750–775 finished square feet, and can be sold fully furnished at no additional cost. Extensive capital improvements include a newer roof, fascia, soffit, and gutters (approximately 4 years old), nearly all windows replaced within the last 4 years, updated flooring, trim, paint, light fixtures, bathroom vanities, and remodeled bathrooms with new toilets throughout. Tenants enjoy fiber optic internet, premium Schlage Encode Plus keyless entry locks, shared laundry with two coin-operated washers and two coin-operated dryers, a fenced dog area, and reverse osmosis water filtration through Culligan. The property also offers five garage stalls, including one oversized 1.5-stall garage, providing excellent storage and parking flexibility or the option to rent out for additional income. Whether you continue operating furnished mid-term rentals, convert to traditional long-term leases, or explore other income-producing opportunities, this turnkey property is ready to generate immediate cash flow.



Property Information

Status: Active
Sub Type: ********
List Price: $519,900
MLS#: 7106770
Current Price: $519,900
Address: 23017 60th Avenue, Saint Augusta, MN 56301
City: Saint Augusta
State: MN
Postal Code: 56301
Geo Lat: 45.457655
Geo Lon: -94.235791
Subdivision: Meadowbrook Estates Two
County: Stearns

Property Description

Year Built: 1960
Lot Size SqFt: 64033.2
Gen Tax: 1632
Specials Inst: 0
High School: St. Cloud
Square Ft. Source:
Above Grade Finished Area: 3074
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 4611
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 5
Waterfront:

Property Features

Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities:

701.239.0015

1133-A Harwood Drive, Fargo, ND 58104

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