$223,000
$259,000
13.9%For more information regarding the value of a property, please contact us for a free consultation.
907 4th ST NW Austin, MN 55912
2,676 SqFt
Key Details
Sold Price $223,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 2,676 sqft
Price per Sqft $83
Subdivision Woodlawn Park Add
MLS Listing ID 6540217
Sold Date 08/30/24
Year Built 1914
Annual Tax Amount $3,014
Tax Year 2023
Contingent None
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 68x135
Property Description
outstanding 6 bed, 2 bath duplex situated in the heart of Austin, MN. With a massive 2,676 sq ft of living space split between two mirrored units, this property offers unbeatable value and income potential. Separate laundry rooms, garage spaces, and parking. Fully separate utilities allow for tenants to manage their own use. current tenants are on month-to-month leases after fulfilling long-term contracts, presenting a fantastic opportunity for the new owner. live in one unit while collecting rent from the other side. Or, seize this chance to propose new long-term leases at rental rates that are more aligned with today's market. the true prize lies in the duplex's exceptional location directly across from the Mayo Clinic. Residents can walk to work, dining, shopping, and entertainment in minutes, ensuring a steady stream of prospective renters from the hospital's staff and surrounding businesses. This property has demonstrated remarkable tenant stability over recent years.
Location
State MN
County Mower
Zoning Residential-Multi-Family
Rooms
Basement Block, Daylight/Lookout Windows, Full, Partially Finished, Storage Space, Tile Shower
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Assigned, Detached, Asphalt, Garage Door Opener, No Int Access to Dwelling, Storage, Open
Garage Spaces 4.0
Fence Partial, Privacy, Wood
Roof Type Asphalt
Building
Lot Description Tree Coverage - Medium
Story More Than 2 Stories
Foundation 3564
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Austin
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