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3485 Lester Avenue, Hastings, MN 55033

Status: Sold

4 units
3,300 sq ft 5 garage spaces

$492,900

WELCOME HOME

Get to know this property.

Incredible investment opportunity! This 4-plex features four 2 bedroom, 1 bath units with functional open layouts designed for comfortable living. Upper-level units offer private balconies, while tenants enjoy the convenience of on-site laundry, dedicated garage parking with one stall per unit, and additional off-street parking. A strong rental history with long-term tenants provides added confidence for investors seeking a proven income-producing property. Conveniently located near parks, shopping, restaurants, and major transportation routes, this property offers a desirable location that continues to attract and retain renters. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

The details that matter.

General Property Information for 3485 Lester Avenue, Hastings, MN 55033 - MLS# 7117247
Bedrooms and Bathrooms
Total Bedrooms:
8
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1969
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
3,300
Total Fnsh'd SqFt:
3,300
Above Ground SqFt:
1,650
Finished Above Grade:
1,650
Below Ground SqFt:
1,650
Finished Below Grade:
1,650
Garage Stalls:
5
Garage SqFt:
900
Main Floor SqFt:
1,650
Approx Lot Dimensions:
irregular
Approx Number of Acres:
0.368
Income and Expenses
Gross Income:
$40,124.2
Total Expenses:
$0

A closer look at the location.

From US-61 S, turn right onto Cannon St, turn left onto 33rd St W, turn left onto Lester Ave

This listing has been entered by the following office: Edina Realty, Inc.

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, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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