Property Listing
Description
Turn-key 4-plex in the heart of Tower, MN just one block from Lake Vermilion. Great opportunity for owner-occupants or investors. Property features four 2-bedroom, 1-bath units, all separately metered for electricity with tenants paying electric. Currently rented at $1,000/month per unit on month-to-month leases, providing immediate income with flexibility for future rent adjustments. Strong cash-flow potential. Located in a desirable recreation area with close access to boating, fishing, snowmobile and ATV trails right out your door. Historic building with updates throughout. There is a commercial lot that can be purchased next to this property together or separate.
Property Information
Status: Active
Sub Type: ********
List Price: $329,900
MLS#: 7046763
Current Price: $329,900
Address: 605 Main Street, Tower, MN 55790
City: Tower
State: MN
Postal Code: 55790
Geo Lat: 47.805596
Geo Lon: -92.276786
Subdivision: Tower
County: St. Louis
Property Description
Year Built: 1982
Lot Size SqFt: 6969.6
Gen Tax: 758
Specials Inst: 0
High School: St. Louis County
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4464
Style: Array
Total Bedrooms: 8
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: