Description

Don't miss the chance to be your own boss by investing in this turn-key, hit the ground running industry by owning your very own multi-family five-plex in Dexter, MN. This complex is comprised of 5 apartments with a 1 bedroom + den, two-1 bedroom apartments, two-2 bedroom apartments, respectively each with dedicated off-street parking stalls. In addition, there is a common area with hallways and related indoor access to coin operated laundry machines. In addition, there is a generous parking lot with 10+ off street spaces for tenants. A very reliable contactor does the snow removal and yard work making for a minimal time commitment for the owners! This property has an excellent rental history with virtually no vacancies and strong tenants one of 15+ years. Annual revenues are north of $44k with net cash flows of over $31k annually.

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Listed by: High Point Land Company, Llc