$199,000
$199,000
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328 E 4th ST Litchfield, MN 55355
2,832 SqFt
Key Details
Sold Price $199,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $70
Subdivision Crosbys Add
MLS Listing ID 6416568
Sold Date 03/07/24
Year Built 1890
Annual Tax Amount $2,290
Tax Year 2022
Contingent None
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 80x210
Property Description
With 20% down, this is a terrific opportunity for a cash flowing investment property. Future upgrades would add additional property and rental value. With as little as 5% down, this is an amazing opportunity for an owner occupant who wants to live in one unit, rent out the other three, and potentially live for free. Build equity while your tenants pay off your mortgage. There are four units each of which have 1 bedroom and 1 bath. It is closer than you think: 66 miles to the heart of Minneapolis. 42 miles to St Cloud 37 miles to Buffalo 27 miles to Willmar 21 miles to Hutchinson
Location
State MN
County Meeker
Rooms
Basement Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Concrete
Fence None
Roof Type Age Over 8 Years
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 1416
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Shake Siding,Wood Siding
New Construction false
Schools
School District Litchfield
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