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(952) 473-1000
Real Estate Company
1229-1231 Jefferson Street, Alexandria, MN 56308
- $570,000
- 11
- BD
- 4
- BA
- 3,800
- SqFt
- 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.
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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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Listing courtesy of Central MN Realty LLC.
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