Andrew Rheault
(701) 361-5699
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Listing Details
- $584,900
- MLS# 7108235
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: MRG Realty Partners, LLC
Agency Phone: 651-900-4386
Shown By
Agent Name: Andrew Rheault
Agent Phone: (701) 361-5699
Agency Title: Town & Country Realty
Home Value Estimate
Description
SELLER OPEN TO CREATIVE DEAL STRUCTURING!! The only fourplex in the city of Lauderdale (No Rent Control!) is for sale for the first time in about 20 years. A career tradesman owner kept it up throughout & left room to grow income. Turnover was minimal (some tenants stayed 7+ years) until the owner intentionally timed all four lease ends this summer to turn every unit for the sale: paint, refinished hardwoods & exterior paint. All four are leased. Two are month to month (30 day notice), so an owner occupant can pick a unit, or an investor can set new leases with utility chargebacks to boost cashflow! Easy upkeep: four similar 1 bed, 1 bath...read more
Features
- Heating: Boiler
- Taxes: $8,566
- Water: City Water/Connected
- Year Built: 1936
Gallery
Listed By
Agency Name: MRG Realty Partners, LLC
Agency Phone: 651-900-4386
Shown By
Agent Name: Andrew Rheault
Agent Phone: (701) 361-5699
Agency Title: Town & Country Realty
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