201 5th Street N, Grove City, MN 56243
- $189,900
- 4
- BD
- 3
- BA
- 2,104
- SqFt
- List Price
- $189,900
- Days on Market
- 65
- MLS#
- 7083729
- Status
- ACTIVE
- Type
- Single Family Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,104
- Acres
- 0.76
- Subdivision
- T C Lawsons Sub
- Year Built
- 1918
Property Description
Incredible turnkey multi-family investment or owner-occupied rental! This beautifully converted property features 3 separate apartment units generating over $2,500/month in steady, reliable cash flow. The versatile layout has a spacious 2-bedroom, 1-bathroom unit upstairs (Unit C), and two separate 1-bedroom, 1-bathroom units downstairs (Units A & B). Every unit boasts its own kitchen, bathroom, and dedicated water heater for maximum tenant convenience. Enjoy ultimate peace of mind with long-term, government-assisted tenants already in place. All units have been fully inspected and passed HRA compliance, guaranteed monthly income directly to you. Looking to house-hack? Move into the upstairs 2-bedroom unit and let the two downstairs units generate monthly income! Additional features include a massive detached 2-car garage. Could be used for owner storage or renting out to tenants for additional residual income—and a beautiful, fully fenced backyard. It could also be used as a large single-family home? This property can easily be converted back into a spacious 5-bedroom residence. Don’t miss out on this high-yield property!
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Additional Information
- School District
- A.C.G.C.
- Tax Year
- 2025
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Air Conditioning
- None
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Unfinished
- Parking
- Detached Garage
- Garage Spaces
- 2
Mortgage Calculator
Listing courtesy of Beycome Brokerage Realty LLC.
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