1110 W Oakland Avenue, Austin, MN 55912
- $295,000
- 5
- BD
- 3
- BA
- 2,208
- SqFt
- List Price
- $295,000
- Price Change
- ▼ $15,000 1779325219
- MLS#
- 7042144
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,208
- Acres
- 6098
- Subdivision
- Yates & Lewis
- Year Built
- 1959
Property Description
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.
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Additional Information
- School District
- Austin
- Tax Year
- 2025
- Fuel
- Natural Gas
- Lot Description
- Corner Lot
- Sewer
- City Sewer/Connected
- Roof
- Age 8 Years or Less
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Block, Crawl Space
- Parking
- Detached Garage, Concrete
- Garage Spaces
- 2
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Listing courtesy of Re/Max Results.
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