$345,000
$360,000
4.2%For more information regarding the value of a property, please contact us for a free consultation.
3,537 SqFt
SOLD DATE : 06/13/2025
Key Details
Sold Price $345,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,537 sqft
Price per Sqft $97
Subdivision Lowrys Add
MLS Listing ID 6712890
Sold Date 06/13/25
Year Built 1850
Annual Tax Amount $2,974
Tax Year 2024
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 40x169
Property Sub-Type Triplex
Property Description
Don't miss this rare chance to own a high-performing, completely remodeled triplex that combines modern efficiency with long-term rental stability. Taken down to the studs and rebuilt approximately five years ago, this property offers exceptional quality, thoughtful updates, and a solid rental income profile.
Fully renovated from the studs out: new roofing, siding, windows, and doors, Updated electrical with upgraded panel, New plumbing, insulation, New boiler and water heater.
Set on a spacious flat lot a offering a large shared second-story deck, this property offers rare outdoor living spaces as well. Central coin-operated laundry for tenant convenience and an extra stream of income.
Four off-street parking spaces plus garage and additional owner storage/shop space
Current Rental Income:
With a total gross rental income of $4,925/month, this property offers a strong return and stable tenancy. The thoughtful updates and low-maintenance systems make this a worry-free investment an ideal option for savvy investors seeking strong cash flow, minimal maintenance. Everything has been done-just step in and start generating returns.
Whether you're looking to expand your rental portfolio or seeking a fully updated, owner
occupant/income-generating property, this tri-plex checks every box.
Location
State MN
County Stearns
Rooms
Basement Block
Interior
Heating Boiler, Hot Water, Radiant
Fireplace No
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Fence None
Building
Story Two
Foundation 1326
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District St. Cloud
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