$449,900
Rare opportunity to own three separate single family homes on one parcel no shared walls, no shared
headaches. Each unit offers 2 bedrooms, 1 bathroom, and approximately 672 sq ft of updated living space,
making this an ideal setup for investors or owner-occupants looking to offset their mortgage. All three
homes have been extensively updated during current ownership, including new flooring throughout, updated
windows and doors (2026), new washer and dryer in each unit, and a new well pump (2026). Property also
features a new water filtration system serving the homes. All units are electric for simplified utility
management. Strong, consistent income with minimal vacancy. Each unit rents for $1,350/month plus
$50/month per pet, generating over $48,000 annually in gross revenue. Situated on 3 acres, the property
offers additional space and potential for future expansion or added amenities. Whether you’re looking to
expand your portfolio with a low maintenance asset or live in one unit while the others pay your
mortgage, this is a clean, income-producing property with built-in upside.
6
Beds
⋅
3
Baths
⋅
7099596
MLS
1787 108th Street, Balsam Lake
Listing courtesy of EXP Realty, LLC.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.