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$279,000

2 Beds 1 / 1 Full / Half Baths 1,936 SQFT 0.37 Acres
Type: Contingent

319 1st Avenue NW
Rothsay, MN 56579

MLS#: 7141896
Crosstown Commercial
Crosstown Commercial
The Real Estate Advantage
Chief Commercial Broker
Phone: 952.432.4900
Office: 651.272.4688
Presented by: Andrew Yaggie Real Estate

Property Description

 

Investment opportunity in Rothsay! This well-maintained and updated 4-plex features four identical two-story units, each offering 2 bedrooms, 1.5 bathrooms, in-unit laundry, and a private attached single-stall garage. Three of the four units have been fully updated, and a new roof was installed in 2025, adding even more value to this multifamily property. Each unit offers a comfortable and functional layout with a spacious living room, dining area, and kitchen featuring a pass-through opening to the living room. A convenient half bath, utility closet, and private laundry complete the main level. Upstairs, you'll find a full bathroom and two generously sized bedrooms. Each unit also includes direct access to its own 12x24 attached garage, providing tenants with secure parking and additional storage. With desirable amenities, thoughtful updates, and four consistent 2-bedroom floor plans, this property is an excellent opportunity to expand your investment portfolio or step into multifamily ownership. Don't miss your chance to own this income-producing property!


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

Above Grade Finished Area1,936 sqft
BasementNone
Basement (Y/N)No
Below Grade Finished Area0 sqft
Foundation Dimensions44x44
FuelElectric
Garage Dimensions12x24
Garage Square Feet1152
Laundry FeaturesElectric Dryer Hookup, Laundry Closet, Main Level, In Unit, Washer Hookup

General

AccessibilityNone
Additional Parcels Y/NNo
CityRothsay
Construction MaterialsFrame
ContingencySubject to Financing
CountyWilkin
DirectionsFrom I-94, South on Center St N, right on 1st Ave NW to property on the right.
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces4
Gross Income33300
HeatingBaseboard, Ductless Mini-Split
High School DistrictRothsay
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,936 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income18218
New ConstructionNo
Number Of Units Total4
Operating Expense15082
OwnerPaysInsurance, Grounds Care, Snow Removal, Taxes
PostalCityRothsay
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less, Architectural Shingle
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMelbys Add
Tax Annual Amount$3,878
Tax Year2026
Tenant PaysElectricity, Sewer, Trash Collection, Water
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1976

Exterior

Building Area Total3,872 sqft
FencingNone
Foundation Area1,936 sqft
Lot Dimensions100x161
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Concrete
Road Frontage TypeCity Street, Paved Streets
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$279,000

2 Beds 1 / 1 Full / Half Baths 1,936 SQFT 0.37 Acres
Type: Contingent

319 1st Avenue NW
Rothsay, MN 56579

MLS#: 7141896
Crosstown Commercial
Crosstown Commercial
The Real Estate Advantage
Chief Commercial Broker
Phone: 952.432.4900
Office: 651.272.4688