1229-1231 Jefferson Street, Alexandria, MN 56308

$570,000
11
BD
4
BA
3,800
SqFt

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List Price
$570,000
MLS#
7160511
Status
ACTIVE
Type
Multifamily
Bedrooms
11
Bathrooms
4
Living Area
3,800
Acres
0.90
Subdivision
Jefferson Condo 102
Year Built
1966

Property Description

INVESTMENT OPPORTUNITY! Looking to expand your real estate portfolio? This fully occupied 4-plex offers an excellent opportunity to invest in a multi-family property! Featuring three 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, this property boasts a 100% occupancy rate and the convenience of in-unit laundry in every apartment. Additional highlights include two 2-stall garages, along with a New roof on both the building and garages! Both lower-level apartments (Units 1 and 4) have undergone kitchen renovations. A centralized utility room houses the boiler, water heaters, and water softener. The property also recently passed its city rental inspection in August, meeting the new HUD NSPIRE inspection criteria model requirements, with approval good for the next four years. With full occupancy, recent improvements, and desirable amenities, this property is a great addition to any investment portfolio! See supplements for apartment layouts.

Additional Information

School District
Alexandria
Tax Year
2026
Fencing
None
Fuel
Natural Gas
Lot Description
Tree Coverage - Light
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less
Topography
Level
Heating
Boiler
Water
City Water/Connected
Basement
Finished, Full
Parking
Detached Garage
Garage Spaces
4

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Calculator source: Real Geeks

Listing courtesy of Central MN Realty LLC.

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