1. Minnesota
  2. Newport
  3. 577 7th Avenue
$474,900

577 7th Avenue, Newport, MN 55055

  • 2,146 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime investment opportunity! This well-maintained fourplex features two, two-bedroom units and two, one-bedroom units, all currently occupied, making it a ready-to-go income-generating property. Each unit offers its own deck or patio, providing tenants with private outdoor space. The large lot includes two driveways and a three-car garage, offering ample parking and convenience. Additional income potential with coin-operated laundry on-site. Situated in a desirable location with easy access to highways, shopping, and amenities, this property is an excellent addition to any portfolio.

Listing Status:
Active
Listing Office:
Lakes Sotheby's International Realty : 952-230-3101
MLS ID:
6693610
  • Basement: FullUnfinished
  • Heating: Hot Water

This listing courtesy of Lakes Sotheby's International Realty

Location

Schools Nearby

N

Newport Elementary School

851 6th Ave, Newport, MN, 55055

Grades PK-5

0.18 miles away

O

Oltman Middle School

6625 Goodview Ave S, Cottage Grove, MN, 55016

Grades 6-8

1.24 miles away

N

Next Step Transition Program

7155 80th St S, Cottage Grove, MN, 55016

Grades 12-12

2.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.