297 Us 10

Motley, MN 56466

About this property

Cash flow in the country! This fully occupied triplex in Motley offers a strong startor additionto any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There’s also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250. The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.

About this property

Cash flow in the country! This fully occupied triplex in Motley offers a strong startor additionto any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There’s also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250. The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.

Features and Additional Information

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$199,000 Active
1,674 sqft

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
Keller Williams Classic Rlty NW
1-763-463-7500
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Area Information

| Morrison County | 1st Add

$ 199,000
This listing is play_arrow 50.3% lower than the average in the area
$ 400,000 in the area
1,674 SqFt
This listing is play_arrow 118.0% larger than the average in the area
768 SqFt in the area
$ 119 $/SqFt
This listing is play_arrow 77.2% less than the average in the area
$ 521 $/SqFt in the area
142 days on site
This listing is play_arrow 0.7% below the average in the area
143 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
    Staples-Motley

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Listed By Michael Moe
Brokerage: Keller Williams Classic Rlty NW

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