23017 60th Avenue, Saint Augusta, MN 56301

$519,900
8
BD
4
BA
3,074
SqFt

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List Price
$519,900
Price Change
▼ $30,000 1785180588
MLS#
7106770
Status
ACTIVE
Type
Multifamily
Bedrooms
8
Bathrooms
4
Living Area
3,074
Acres
1.47
Subdivision
Meadowbrook Estates Two
Year Built
1960

Property 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.

Additional Information

School District
St. Cloud
Amenities Shared
Coin-op Laundry Owned
Tax Year
2024
Fuel
Electric
Lot Description
Corner Lot, Tree Coverage - Light
Sewer
Tank with Drainage Field
Roof
Age 8 Years or Less, Asphalt
Shared Rooms
Other
Topography
Level
Heating
Baseboard
Water
Well
Basement
Partial
Parking
Detached Garage, Gravel
Garage Spaces
5

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Classic Realty.

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