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Listing Details
- $374,900
- MLS# 7082352
- Type Commercial - Business
- Status Active
Listed By
Agency Name: RE/MAX Results
Agency Phone: 715-273-4077
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Turnkey 5-Unit Investment Opportunity in Red Wing!Fully leased 5-plex in a desirable, walkable historic neighborhood just minutes from downtown and the Mississippi River. Property features 4 one-bedroom units and 1 studio, generating $5,075/month in gross rental income with continued upside potential.Recent improvements include updated interiors, flooring, paint, and major mechanicals: new boiler (2025), water heater (2020), and roof (2018)?helping minimize near-term capital expenses. Generous lot with on-site and street parking.Strong rental demand area with consistent occupancy?ideal for investors seeking a stable, income-producing asset...read more
Features
- Appliances: Range, Refrigerator
- Cooling: Window Unit(s)
- Heating: Baseboard, Boiler, Radiant
- Stories: 2.0
- Taxes: $4,206
- Water: City Water/Connected
- Year Built: 1880
Gallery
Listed By
Agency Name: RE/MAX Results
Agency Phone: 715-273-4077
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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