This is your chance to own a fully leased, income generating triplex on high-visibility Oakland Ave, one of the busiest and best located streets in Austin, MN. With strong current rents totaling $3750/month, plus untapped potential for additional $200+ monthly garage rental and coin operated laundry, this property is a cash flow machine for day one. The building features 3 units- one fully renovated 1 bed/1 bath (previously an office), and two spacious 2 bed/1 bath units. Tenants love the location and layout, and leases are solid. Recent updates include a newer roof (under 2 years old), insuring low maintenance for years to come. Whether you're looking to add a strong performer to your portfolio or get started in multi-family investing, this property delivers stable income, location appeal, and future upside.
Listed By
Agency Name: Re/Max Results
Agency Phone: 507-288-1111
Shown By
Agent Name: Sherry Coauette
Agent Phone: (218) 280-8272
Agency Title: LeBlanc Realty
Estimated Payment
$ 936.58 per month $656.54 Principal & Interest $194.00 Property Tax $86.04 Homeowner's Insurance
1110 W Oakland Avenue | MLS# 7042144
This multi-family property located at 1110 W Oakland Avenue, Austin, MN 55912 is currently listed for sale with an asking price of $295,000. W Oakland Avenue is located within the Austin school district. Search Austin real estate on scoauette.leblancrealty.com today.