297 US 10, Motley, MN 56466
- $199,000
- 5
- BD
- 4
- BA
- 1,674
- SqFt
- List Price
- $199,000
- Price Change
- ▼ $21,000 1778200037
- MLS#
- 7046334
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Triplex
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,674
- Acres
- 0.17
- Subdivision
- 1st Add
- Year Built
- 1918
Property Description
Cash flow in the country! This fully occupied triplex in Motley offers a strong start—or addition—to any real estate portfolio. The property features a brand-new roof and three well-maintained units, each with separately metered gas and electric paid by the tenants, giving you immediate, worry-free income from day one. There’s also an opportunity for an owner-occupant buyer, with units available that allow you to move in with a low down payment and live for little to no cost while building long-term equity Two 1 bed units rented at $750, the 4 bedroom unit rented for $1250. The property has 2 garage units included with the apartments rent, and 1 garage + 3 additional storage units for additional income! Storage leases in place for $240/MO on 3 of the 4 additional storage units, with one vacant storage unit to be leased. Collecting almost $3,100 in total monthly income.
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Additional Information
- School District
- Staples-Motley
- Tax Year
- 2025
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Full
- Parking
- Attached Garage
- Garage Spaces
- 3
Mortgage Calculator
Listing courtesy of Keller Williams Classic Rlty NW.
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