Pending
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Pending

$275,000

5 Beds 4 Baths 3,500 SQFT 2.43 Acres
Type: Pending

409 Meadow Drive
McGregor, MN 55760

MLS#: 7080759
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700
Presented by: eXp Realty

Property Description

 

Check out this incredible investment opportunity in the heart of McGregor. This rare 4-plex offers incredible cash flow from day 1 along with value add possibilities offering incredible upside potential for the new owner. This is one you won't want to miss. Schedule your showing today! Listing agent is owner.

 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area3,500 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
FuelElectric, Propane

General

AccessibilityNo Stairs External, No Stairs Internal
Additional Parcels Y/NNo
CityMcGregor
ContingencyNone
CountyAitkin
DirectionsFrom 210, enter town, then head north on 65. Property is almost immediately on your left, located between Fireside Inn and Crossroads Hotel.
ElectricCircuit Breakers
Electric Expense4106
Fuel Expense2300
Garage Spaces0
Gross Income45828
HeatingBaseboard, Forced Air
High School DistrictMcGregor
Insurance Expense2243
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area3,500 sqft
Lot Size UnitsAcres
MaintenanceExpense289
Net Operating Income33047
New ConstructionNo
Number Of Units Total4
Operating Expense12781
OwnerPaysGas, Grounds Care, Snow Removal, Trash Collection, Water
PostalCityMcGregor
Property SubtypeFourplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusPending
Tax Annual Amount$1,374
Tax Year2026
Tenant PaysElectricity
Trash Expense1909
Water Sewer Expense1838
Year Built1974

Exterior

Building Area Total3,500 sqft
Foundation Area3,500 sqft
Lot Dimensionsirregular
Lot Size Area2 sqft
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$275,000

5 Beds 4 Baths 3,500 SQFT 2.43 Acres
Type: Pending

409 Meadow Drive
McGregor, MN 55760

MLS#: 7080759
Scott Frank
Scott Frank
The Real Estate Advantage
Real Estate Agent
Phone: 612.532.5102
Office: 952.226.7700

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