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150 2nd Avenue Sw

Elgin, MN 55932

About this property

Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvementsinclude a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs. Situated on a desirable corner lot directly across from the school, park, and ball fields, this propertyoffers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!

About this property

Excellent investment opportunity in Elgin! This well-maintained 4-plex features numerous updates, including a new roof in 2023 and updated windows, siding, and boiler in 2016. Additional improvementsinclude a new coin-operated washer and dryer, providing added convenience and income potential. Tenants enjoy off-street parking, while owners will appreciate the storage shed for lawn equipment and additional storage needs. Situated on a desirable corner lot directly across from the school, park, and ball fields, this propertyoffers a great location with easy access to nearby walking trails and community amenities. Water softener is rented through Culligan and located in the utility room. Strong rental appeal, major mechanical updates, and a prime location make this a fantastic addition to any investment portfolio!

Features and Additional Information

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$349,900 Pending
3,552 sqft
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Presented By Coldwell Banker Crown Park Rapids

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Area Information

| Wabasha County | Millers Add

$ 349,900
This listing is play_arrow 0.0% lower than the average in the area
$ 349,900 in the area
3,552 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
3,552 SqFt in the area
$ 99 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 99 $/SqFt in the area
65 days on site
This listing is play_arrow 0.0% below the average in the area
65 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Plainview-Elgin-Millville

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Listed By Donna Sylvester
Brokerage: RE/MAX Advantage Plus

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