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$179,900

5 Beds 4 Baths 1,674 SQFT 0.17 Acres
Type: Multi-Family

297 US 10
Motley, MN 56466

MLS#: 7046334
Traci Morelli
Traci Morelli
The Real Estate Advantage
Phone: 612.743.4387
Office: 952.470.7600
Presented by: Keller Williams Classic Rlty NW

Property Description

 

Cash flow in the country! This fully occupied triplex in Motley offers a strong start—or addition—to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There’s also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250. The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,674 sqft
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet864

General

AccessibilityNone
Additional Parcels Y/NNo
CityMotley
ContingencyNone
CountyMorrison
DirectionsFrom Motley go south on US 10
Electric Expense0
Fuel Expense0
Garage Spaces3
Gross Income33000
HeatingForced Air
High School DistrictStaples-Motley
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,674 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense0
PostalCityMotley
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision Name1st Add
Tax Annual Amount$2,752
Tax Year2025
Trash Expense0
Water Sewer Expense0
Year Built1918
Zoning DescriptionBusiness/Commercial, Residential-Multi-Family

Exterior

Building Area Total1,674 sqft
Foundation Area1,674 sqft
Lot Dimensions100x150
Lot Size Area0 sqft
Parking FeaturesAttached Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$179,900

5 Beds 4 Baths 1,674 SQFT 0.17 Acres
Type: Multi-Family

297 US 10
Motley, MN 56466

MLS#: 7046334
Traci Morelli
Traci Morelli
The Real Estate Advantage
Phone: 612.743.4387
Office: 952.470.7600