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Active NEW!
$99,900
/mo Edit
Multi-family:  Triplex
5 br • 3 ba • Built 1920
2,300 sqft • 0.131 acres
MLS# 7012876
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    Property Description

    Great investment opportunity with this triplex—perfect for an investor looking to fix and rent. The property features three units with a strong rental mix: one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units, offering excellent income potential. The roof is approximately 10 years old, providing a solid starting point for renovations. The property needs TLC, making it ideal for value-add improvements and increased rental returns. Whether you’re expanding your portfolio or starting one, this triplex offers a smart opportunity to renovate, stabilize, and cash flow.

    Listing

    Contingency: None
    Price per sq ft: $43
    City: Austin
    County: Mower
    State: MN
    Property Style: Triplex
    Zip Code: 55912

    Interior

    Living Area: 2,300 ft2
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Size: 484 ft2
    Foundation Size: 1,679 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Shared Amenities: None
    Exterior Material: Frame

    Lot & Land

    Acres: 0.131
    Geolocation: 43.670135, -92.956762
    Lot Dimensions: 52 x 110

    Schools

    School District: 1825
    District Phone: 5074601900

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $866
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $866

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Jeff Hagel.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.