Listed By
Agency Name: Central MN Realty LLC
Agency Phone: 320-363-4363
Shown By
Agent Name: The Miller Group
Agent Phone: (763) 286-2900
Agency Title: Counselor Realty
Property Description
Don't miss this opportunity to own a triplex with a strong rental history in Alexandria. Based on the current rental income and purchase price, this property is currently performing at approximately 1.4%, surpassing the commonly used 1% rule?an increasingly difficult investment benchmark to find. With established rental income already in place, a new owner can begin cash flowing right away.As Alexandria continues to grow, rental demand remains strong. Whether you're looking to expand your investment portfolio or live in one unit while the other two help offset your mortgage, this property offers excellent flexibility and income potential.The main floor features a spacious 2-bedroom unit along with an additional 1-bedroom unit. Upstairs, you'll find another 2-bedroom unit. Shared coin-operated laundry is conveniently located in the basement, and the detached double garage offers additional parking, storage, or potential rental income.Conveniently located near downtown, parks, and everyday amenities, this is a great opportunity for both investors and owner-occupants.A minimum of 24-hour notice is required for showings; 48-hour notice is preferred.
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321 6th Avenue E, Alexandria, MN 56308
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$ 1,507.48 per month $1,250.77 Principal & Interest $188.17 Property Tax $68.54 Homeowner's InsuranceChange Payment Information
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321 6th Avenue E, Alexandria, MN 56308
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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321 6th Avenue E | MLS# 7098633
This multi-family property located at 321 6th Avenue E, Alexandria, MN 56308 is currently listed for sale with an asking price of $235,000. 6th Avenue E is located within the Alexandria school district. Search Alexandria real estate on www.gaylemiller.realtor today.